1. A firm's sustainable growth rate in sales depends on its A.debt to equity ratio B.profit margin C.dividend policy D.asset efficiency E.all of the above. ws 2. Financial planning models frequently assume that many variables are proportional to A.economic growth OB.industry growth C.interest rates. D.company sales E.None of the above. 3. Financial planning is concerned with the basic policy elements of A.investment decisichos, decisions on the amount of cash payments to shareholders, and the decision of which investment banker to choose. B.the method of raising capital investment decisions, and the level of growth to attain. C.investment decisions, degree of financial leverage, and the decision on the amount of cash payments to shareholders. D.degree of financial leverage, level of growth to attain, and investment decisions E.None of the above. 4. Accounts receivable are $45,000 and are directly proportional to total sales. The sales forecast for next year is $125,000, which represents a 5% growth over the current year. The forecast accounts receivable would be A.$42750 B.$45000 C.$47250 D.It is impossible to calculate without last year's credit sales. E.None of the above. 5. In estimating pro-forma balance sheets, projected retained earnings are computed as present retained earnings plus projected A.retained earnings and cash dividends. B.retained earnings plus debt. C.retained earnings plus assets. D.net income minus cash dividends, E.net income earnings minus debt. 6. Projected future financial statements are called OA.plug statements. B.pro forma statements. C.reconciled statements. D.aggregated statements. E.none of the above. SABAN