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Problem:

A company calculates its discretionary financing needed and determines this amount of capital cannot be raised at a reasonable cost. Which of the following would reduce the amount of discretionary financing needed?

Select one:

A. reduce the company's net profit margin

B. reduce the company's sales growth rate

C. increase the proportion of the company's sales that are made on credit

Please explain in detail and show all work.

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M91147514

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