A firm can achieve a higher growth rate without raising external capital if it:

Name: A firm can achieve a higher growth rate without raising external capital if it:
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Decreasing the debt-to-asset ratio means having a lower amount of debt in relation to the company's assets, which ultimately decreases the amount of interest that needs to be paid. This leads to higher profits and consequently, a higher growth rate without the need for external capital.

A Firm Can Achieve a Higher Growth Rate Without Raising