Multiple Choice
A firm has $1 million in current sales volume and an internal growth rate of 15%.If sales are expected to increase by $100,000, then:
A) The firm's forecast will not be met
B) Dividends will have to be reduced
C) Retained earnings will increase by $50,000
D) External funding will not be required
Correct Answer:
Verified
Correct Answer:
Verified
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