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Which of the following statements is correct? a. If total assets increase by the same percentage as sales increase, then assets and sales will increase
Which of the following statements is correct? a. If total assets increase by the same percentage as sales increase, then assets and sales will increase by same dollar amounts.
b. Financial planning models always include the three basic elements of firm value: cash flow size, risk, and timing.
c. Financial planning is built upon the assumption of the target capital structure being made.
d. Because the process of planning involves long periods of time, only long-term considerations are involved.
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