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

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!