Financial Planning

The subject Financial Planning discusses the fact that pro forma financial statements and the
calculation of AFN (additional funds needed) are important as they allow the firm to estimate potential
capital needs or excesses. Why is it so important for the firm to understand the projected excess or
deficit? Be sure to discuss the importance in both scenarios (deficit and excess) and tie your response to
how both relate to the goal of the firm.

Sample Solution

ACED ESSAYS