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1. Which of the following is likely to increase the firm's additional funds needed?

The firm cuts its dividend by 50 percent.

The firm reduces its usage of trade credit.

The firm has unused fixed assets.

All of these would increase the firm's additional funds needed.

2. Which of these cancellations of debt would ne includable income?

3. How long will it take $2,000 to reach $3,200 when it grows at 11 percent per year? Do not round intermediate calculations and round your final answer to 2 decimal places.)

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92781729

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