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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