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Statements of sources

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Reference no: EM13828222

Problem:

1. Which of the following is not a use of funds in a statement of sources and uses?

  1. Increase in long-term debt
  2. Increase in the cash account
  3. Reduction in accounts payable
  4. Increase in accounts receivable

2. What is the optimal growth rate for a company with access to external capital?

  1. Internal growth rate
  2. External growth rate
  3. Sustainable growth rate
  4. Cannot be determined

Additional Information:

These two objective questions is from Finance and the first question is about funds in statements of sources and the second question is about optimal growth rate for a company.

Reference no: EM13828222

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