Growth rate in equity will increase

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Reference no: EM131791725

1. Your firm reduces its days in receivables from 87 to 67, which generates $3.4 million of new investment funds. Growth Rate in Equity will increase because:

A. Total Asset Turnover will increase

B. Investment Income will increase

Both A and B

2. Jams sneaker company enters the market, and upon analysis, determines that they need a 25% share of voice to break through the clutter of existing advertising. If their analysis determines that three other competitors in the market are spending $30 million, $20 million and $40 million dollars, how much must Jams spend?

A. $25 million

B. $30 million

C. $22.5 million

D. $40 million

E. None of the above

Reference no: EM131791725

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