28) The additional funds needed by the firm can be calculated by assuming which of the...

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Finance

28) The additional funds needed by the firm can becalculated by assuming which of the following?


A) The firm's additional sales will grow proportionately asassets are purchased.
B) The firm's additional capital needed will grow proportionatelywith projected changes in sales.
C) The firm's balance sheet will grow proportionately withprojected changes in sales.
D) The firm's additional sales will grow proportionately as capitalis brought on to the balance sheet.

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The additional funds are needed by the firm to accomplish the increased projected sales For achieving this target they need to purchase an additional asset or incur capital expenditure by increasing their    See Answer
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