Question: 1. The external financing need tends to ______ as the projected growth rate in sales increases. Group of answer choices vary in an unpredictable manner

The external financing need tends to ______ as the projected growth rate in sales increases.

Group of answer choices

vary in an unpredictable manner

increase

increase and then decrease

remain constant

decrease

Your Company has decided to increase the time allowed customers to pay their bills from 30 to 40 days. All else the same, this action will _____________ and _______________.

Group of answer choices

Increase the firm's accounts receivable period; increase the firm's inventory cycle.

Increase the firm's operating cycle; increase the firm's cash cycle.

Increase the firm's cash cycle; increase the firm's inventory cycle.

Increase the firm's accounts payable period; increase the firm's operating cycle.

Increase the firm's inventory cycle; increase the firm's operating cycle.

Forgetful Inc. is having difficulty obtaining trade credit mainly because it has a policy of paying its suppliers 30 or more days late. Forgetful Inc. is being rejected because of its ______________.

Group of answer choices

Collateral

Character

Capacity

Capital

Economic condition

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