Question: 1 Suppose the external financing needed is a negative number, then: Group of answer choices the firm's growth rate in sales is greater than its
1 Suppose the external financing needed is a negative number, then:
Group of answer choices
the firm's growth rate in sales is greater than its sustainable growth rate.
the firm has less internal financing available than it needs.
the firm has more internal financing available than it needs.
the firm's growth rate in sales is greater than its internal growth rate.
2 The Modified Internal Rate of Return is designed for which one of the following situations?
Group of answer choices
deciding between mutually exclusive projects
the project's cash flows are not incremental to the project
the project's cash flows give rise to multiple internal rates of return
deciding between projects with different project lives
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