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Which of the following is NOT likely to be a prudent financing policy for a rapidly growing business? A. Borrow funds rather than limit growth,
Which of the following is NOT likely to be a prudent financing policy for a rapidly growing business?
A. Borrow funds rather than limit growth, thereby limiting growth as a last resort.
B. None of the options are correct.
C. If external financing is necessary, use debt to the point it does not affect financial flexibility.
D. Maintain a conservative leverage ratio to ensure continuous access to financial markets.
E. Adopt a modest dividend payout policy that enables the company to finance most of its growth internally.
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