Which one of the following statements is NOT true?
A) The internal growth rate is defined as the maximum growth rate that a company can achieve without external financing.
B) The higher the retained earnings generated by a company, the higher the growth possible without using external funding.
C) Given the same level of retained earnings, a company that has the higher amount of total assets, the higher the growth possible without using external funding.
D) All of the above are true.
Correct Answer:
Verified
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A)
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Q67: Some weaknesses in financial planning models include:
A)
Q68: External funding needed is
A) the additional debt
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