Which of the following is the amount of external financing a firm must seek in order to change the asset base as necessary to support a different level of sales?
A) additional funds needed
B) capital intensity ratio
C) current ratio
D) spontaneous assets

Question

Quizplus · Accepted Answer

The amount of external financing a firm must seek in order to change the asset base as necessary to support a different level of sales is referred to as additional funds needed. This concept is commonly used in financial planning and analysis to determine the funding requirements for a change in business operations or expansion.

Which of the Following Is the Amount of External Financing