Question #15

is likely to change as the size of the firm 15. When there are economies of scale, firm'si changes of scal e, a firm's a. days sales outstanding ratio b. total assets turnover ratio c. variable cost of goods sold ratio d. times interest earned ratio e. return on assets ratio 16. Considering each action independently and holding other things constant, which of the following reduces a firm's need for additional capital? a. An increase in the dividend payout ratio b. A decrease in the days sales outstanding c. A decrease in the profit margin d. An increase in expected sales growth e. A decrease in the accrual accounts (accrued wages and taxes)