A Firm Has $1 Million in Current Sales Volume and an Internal

question 40

Multiple Choice

A firm has $1 million in current sales volume and an internal growth rate of 15%.If sales are expected to increase by $100,000, then:

• A)The firm's forecast will not be met
• B)Dividends will have to be reduced
• C)Retained earnings will increase by $50,000
• D)External funding will not be required

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Definitions:

Outgoing

Characterized by an extroverted, socially confident, and friendly behavior.

Assertive

Referring to the quality of being self-assured and confident without being aggressive, enabling clear and respectful communication of one's needs and desires.

Extraverted

Exhibiting an outgoing, socially confident personality and engaging with the external world.

Core Personality Dimensions

Fundamental traits that structure human personality, often considered to be traits like openness, conscientiousness, extraversion, agreeableness, and neuroticism.