Multiple Choice Questions

/in /by

Multiple Choice Question 55

Planning models that are more sophisticated than the percent of sales method have

 

[removed]

working capital accounts like inventory, accounts receivables, and accounts payables vary directly with sales.

 

[removed]

all variable costs change directly with sales.

 

[removed]

fixed assets that do not always vary directly with sales.

 

[removed]

all of these are true.

 

Multiple Choice Question 66
 

Firms that achieve higher growth rates without seeking external financing

 

[removed]

have a high plowback ratio.

 

[removed]

all of these are true.

 

[removed]

have less equity and/or are able to generate high net income leading to a high ROE.

 

[removed]

are not highly leveraged.

 

Multiple Choice Question 85
 

External financing needed: Triumph Company has total assets worth $6,413,228. Next year it expects a net income of $3,145,778 and will pay out 70 percent as dividends. If the firm wants to limit its external financing to $1 million, what is the growth rate it can support?

 

[removed]

32.9%

 

[removed]

26.5%

 

[removed]

6.4%

 

[removed]

30.3%
 
Looking for a similar assignment? Our writers will offer you original work free from plagiarism. We follow the assignment instructions to the letter and always deliver on time. Be assured of a quality paper that will raise your grade. Order now and Get a 15% Discount! Use Coupon Code "Newclient"