When Creating Pro Forma Statements,the External Financing Need Will Increase

question 38

Multiple Choice

When creating pro forma statements,the external financing need will increase if you

• A)increase the corporate tax rate.
• B)decrease the dividend payout ratio.
• C)increase the plowback ratio.
• D)decrease the rate of sales growth.
• E)decrease the projected level of sales.

Identify elements of the value chain analysis and its role in identifying a company's core competencies.

Recognize different strategies for achieving competitive advantage, including response-based, cost leadership, and standardization strategies.

Understand the concept and implications of operations strategic decisions such as layout design, inventory management, and quality.

Comprehend the relationship between a firm's operational strategy and its stage in the product life cycle.

---

Definitions:

Legislation

Laws that have been enacted by a governmental body or legislature.

Business Legislation

Laws that govern how businesses can operate, including regulations on company formation, taxation, and employment.

Substantially Reduce Competition

Actions or situations that significantly decrease the level of competition within a market or industry.

U.S. Sentencing Commission

An independent agency of the judicial branch of the U.S. government, responsible for establishing sentencing policies and practices for the federal courts.