Question: Multiple Choice Question Which statement is correct? A common - size balance sheet allows a firm to compare its current assets as a percentage of
Multiple Choice Question
Which statement is correct?
A commonsize balance sheet allows a firm to compare its current assets as a percentage of sales over a period of time.
The sustainable growth rate is the maximum rate achievable using internal equity and debt financing and maintaining a constant debttoequity ratio.
A commonsize balance sheet allows firms to compare their profit margin both over time and to their competitors.
The internal growth rate is the maximum rate at which a firm can grow given its current cash reserves.
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