The formula to calculate the additional funds needed (AFN) is:
\[ \text{AFN} = \text{Change in Assets} - \text{Change in Liabilities} - \text{Change in Retained Earnings} \]
To calculate the additional funds needed, we need to:
Let's assume the change in assets is $500,000, the change in liabilities is $250,000, and the change in retained earnings is $50,000.
\[ \text{AFN} = 500,000 - 250,000 - 50,000 = 200,000 \]
So, the additional funds needed for Company Alpha is $200,000.
