The faster a firm's growth in sales, the more likely it is that an increasing percentage of financing will be internally generated.

Name: The faster a firm's growth in sales, the more likely it is that an increasing percentage of financing will be internally generated.
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Question

Quizplus · Accepted Answer

A firm's rapid growth in sales often requires more external financing because internal funds may not be sufficient to support the increased working capital and investment needs.

The Faster a Firm's Growth in Sales, the More Likely