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Q#12 Briefly explain the relationship between growth in sales and its effect on financing need of the firm. Be sure to include concept of

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Q#12 Briefly explain the relationship between growth in sales and its effect on financing need of the firm. Be sure to include concept of Internal Growth and Sustainable Growth in your discussion. Q#13. Financial planning requires that the firm examine its financial ratios and prepare projected its financial statement. Discuss how a firm will use its financial ratios and proformas in financial planning.

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