The External Funds Needed (EFN) Equation Does Not Measure The

Multiple Choice

The External Funds Needed (EFN) equation does not measure the:

A) additional asset requirements given a change in sales.
B) additional total liabilities raised given the change in sales.
C) rate of return to shareholders given the change in sales.
D) net income expected to be earned given the change in sales.
E) None of these.