As the growth rate ________, ________ financing
will not be enough to fund new projects
Increases, External
Increases, Internal
Decreases, External
Decreases, Internal
An increase in which of the following will
increase a firm's sustainable growth rate?
Profit margin
Dividend payout ratio
Capital structure
Both A and C
Both B and C
The percent of sales method for determining
pro-forma financial statements:
Assumes a constant retention ratio (dividend policy)
Assumes that the marginal tax rate is constant
Depends on a...