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If the AFN (Additional Funds Needed) value comes out to be negative, this is actually a positive situation for the company! A negative AFN means that the company will not need external financing to support its growth. It indicates that the company has enough internal funds to support its projected sales growth. [1] The AFN equation is as follows:
The constants depend on the system to which the equation is applied, i.e. the flow velocity and the size of the stream or river. Different values are available in the literature. The software " International Hydrological Programme " applies the following equation derived on the basis of values used in published literature [ 4 ]
For example, uncompressed songs in CD format have a data rate of 16 bits/channel x 2 channels x 44.1 kHz ≅ 1.4 Mbit/s, whereas AAC files on an iPod are typically compressed to 128 kbit/s, yielding a compression ratio of 10.9, for a data-rate saving of 0.91, or 91%.
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Cells lining the small intestine increase the surface area over which they can absorb nutrients with a carpet of tuftlike microvilli. The ratio between the surface area and volume of cells and organisms has an enormous impact on their biology, including their physiology and behavior. For example, many aquatic microorganisms have increased ...
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The t-statistic will equal the Sharpe Ratio times the square root of T (the number of returns used for the calculation). The ex-post Sharpe ratio uses the same equation as the one above but with realized returns of the asset and benchmark rather than expected returns; see the second example below.
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