Question: When using the percent-of-sales method in forecasting funds needed, which of the following is not true? Multiple Choice As the dividend payout ratio decreases, the

 When using the percent-of-sales method in forecasting funds needed, which of

When using the percent-of-sales method in forecasting funds needed, which of the following is not true? Multiple Choice As the dividend payout ratio decreases, the required new funds also decrease. Required new funds decrease as profits margins increase Required new funds increase as accumulated amortization increases As the tax rate increases, the required new funds increase

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