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A firm is currently operating at full capacity. Net working capital, costs, and all assets vary directly with sales. The firm does not wish to obtain any additional equity financing. The dividend payout ratio is constant at 40 percent. If the firm has a positive external financing need, that need will be met by:
Exposure Therapies
Psychological treatments that involve the exposure to feared stimuli or situations in order to reduce anxiety and desensitize individuals to the source of their fear.
Compulsive Behavior
Behavior patterns that are repeated to reduce anxiety or distress but are not connected in a realistic way with what they are designed to neutralize.
Cognitive-Behavioral Theorists
Experts in a psychological field that melds cognitive and behavioral approaches to understand and treat psychological disorders.
Compulsions
Actions or thoughts that a person compulsively repeats due to obsessions or strict guidelines.
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