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  1. business
  2. accounting
  3. several factors affect a firm's need for external

Several factors affect a firm's need for external funds, Evaluate the effect of each following...

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Accounting

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Several factors affect a firm's need for external funds, Evaluate the effect of each following factor and place a check. next to each factor that is likey to increase a firm's heed for external copital-that is, its AFN (odditionel funds needed). Check all that oppy). The firm's forecasted sales are unexpectediy increased. The furm switches its suppier for the majority of its raw materials. The new supplier offers less favorabie credit terms and thus reduces the trade credit ovaliable to the firm, resuiting in a reduction in accounts payoble: The firm previousfy thought its fixed assets were being operated at fil capaoty, but now it learns thet it actualy has excess capacity. Accounts payoble and accrued liabilities represent obigotions that the firm must pay ofr. Assiming everything etse holds constant, if they increase, the firmy Aft wil

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