ich of the following 25. Which of the following would be classified as a use of cash? An increase in accounts payable. A decrease in marketable securities A decrease in accounts receivable. An increase in retained earnings An increase in inventories. 20. The projected balance sheet fonecasting method produces accurate results unless which of the follow scale are pres temporary recessheet method inaccurate as the condition(s) is (are) present? Fixed assets are "lumpy." Strong economies of scale are present. Excess capacity exists because of a temporary recession. Answers a, b, and call make the projected balance sheet method inaccurate, Answers a ande make the projected balance sheet method inaccurate, but, as the text ex sumption of increasing economies of scale is built into the projected balance sheet method. 27. Which of the following is a key determinant of operating leverage! Level of debt. b. Physical location of production facilities. Cost of debt. d. Technology Capital structure. 28. Which of the following is a key determinant of financial leverage? Level of debt. Technology C. Labor costs. Amount of fixed assets used by the firm. Variable cost of goods sold. 29. Which of the following is (are) typically part of the cash budget? Payments lag. b. Payment for plant construction. Cumulative cash. All of the above. Only answers a and c above. B0. The financial breakeven point for a firm is defined as the level of_that produces a. sales; EBIT. b. sales: gross profit. C. EPS; sales. gross profit; EBIT. e. EBIT; EPS. equal t