Question
DAS, Inc. is preparing its financial forecast for next year and its discretionary financing needed is negative. This means that a. Sales growth must be
DAS, Inc. is preparing its financial forecast for next year and its discretionary financing needed is negative. This means that
a. Sales growth must be negative.
b. The predicted change in total assets must be negative.
c. The predicted change in spontaneous liabilities and retained earnings must be greater than the predicted change in total assets.
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Financial Management Core Concepts
Authors: Raymond M Brooks
2nd edition
132671034, 978-0132671033
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