All Else the Same, the Level of External Financing Needed

question 263

Multiple Choice

All else the same, the level of external financing needed (EFN) increases with increases in the:

• A) Profit margin.
• B) Retention ratio.
• C) Accounts receivable turnover ratio.
• D) Capital intensity ratio.
• E) Fixed asset utilization ratio.

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Definitions:

Conservative Movement

A political and social movement advocating for traditional values, limited government, and free-market principles.

William Buckley

can refer to a historical figure or individuals in various fields; without additional context, he is most famously known as an American conservative author and commentator.

Young Americans For Freedom

A conservative youth organization in the United States that advocates for free market principles, limited government, and individual liberties.

Landslide Defeat

A term used in politics and other competitions to describe an overwhelming victory for one side and a massive loss for the other, often unexpected and by a large margin.