29. Internal Growth. We will see in Chapter 19 that for many firms, cash and inventory needs...
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29. Internal Growth. We will see in Chapter 19 that for many firms, cash and inventory needs may grow less than proportionally with sales. When we recognize this fact, will the firm's internal growth rate be higher or lower than the level predicted by the following formula: (LO3) reinvested earnings Internal growth rate assets
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Related Book For 
Fundamentals Of Corporate Finance
ISBN: 9780073382302
6th Edition
Authors: Richard A Brealey, Stewart C Myers, Alan J Marcus
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