X

AFN meaning in Accounts and Finance ?

( 5 )  .  1 Rating
1706 views   .  0 comments  .   . 

Download Solution PDF

Answer: What is Additional Funds Needed mean?

Additional funds needed (AFN) is a financial concept used when a business looks to expand its operations. Since a business that seeks to increase its sales level will require more assets to meet that goal, some provision must be made to accommodate the change in assets. To phrase it another way, the business must have some plan to actually finance the new assets that will be needed to increase sales.

reference

Take Quiz To Earn Credits!

Turn Your Knowledge into Earnings.




Give Rating
Report
Write Your Comments or Explanations to Help Others
Comments(0)





Miscellaneous in Accounts and Finance
Miscellaneous in Accounts and Finance

Ever curious about what that abbreviation stands for? fullforms has got them all listed out for you to explore. Simply,Choose a subject/topic and get started on a self-paced learning journey in a world of fullforms.

Explore Other Libraries

X

Important Accounts and Finance Links





Copyright (c) 2021 TuteeHUB

OPEN APP
Channel Join Group Join