External Funding Needed (EFN) Is Defined as

question 68

Multiple Choice

External funding needed (EFN) is defined as

• A) the additional debt or equity a firm needs to issue so that it can purchase additional assets to support an increase in sales.
• B) the additional funds raised by a firm to pay off existing short-term debt.
• C) the additional funds raised by a firm to pay off existing long-term debt.
• D) None of these

---

Definitions:

Electrodes

Conductive materials or devices used to make electrical contact with a nonmetallic part of a circuit, often found in batteries, electrolysis processes, and medical devices like ECG machines.

ECG

Electrocardiogram, a medical test that measures the electrical activity of the heart to assess heart health and detect abnormalities.

Electrode

A conductor through which electricity enters or leaves an object, substance, or region, often used in medical devices or for measuring electrical activity in the body.

ECG

Electrocardiogram, a test that measures the electrical activity of the heart to detect heart problems and monitor heart health.