Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Suppose the external financing needed is a negative number, then: Group of answer choices the firms growth rate in sales is greater than its sustainable
Suppose the external financing needed is a negative number, then:
Group of answer choices
the firms growth rate in sales is greater than its sustainable growth rate.
the firm has less internal financing available than it needs.
the firm has more internal financing available than it needs.
the firms growth rate in sales is greater than its internal growth rate.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started