State the assumptions that underlie the internal growth rate and interpret what that rate means.
What will be an ideal response?
The usual assumptions are: Costs, assets, and current accounts (excluding notes payable) increase proportionately with sales, the dividend payout ratio is fixed (or is given), and no new external financing will be raised. The internal growth rate is the maximum rate at which sales can increase given the stated assumptions while maintaining the funding required by that growth.
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Which of the following stages of the classic linear approach of a new product development process is related to continuous updating and refinement of products and services?
A) idea generation B) life-cycle management C) business analysis D) initial design and concept screening
Jesse stood in line for ________ hour, hoping he could purchase a standby ticket
a. an b. a
The average observed time for a given job is 10 minutes. The performance rating is 80%, and allowances are set by contract at 10%. What is the standard time?
A) 8.80 minutes B) 8.88 minutes C) 10.00 minutes D) 19.00 minutes E) 19.80 minutes
Which one of the following statements about sales and operations planning is BEST?
A) A production plan generally focuses on production rates and inventory holdings, whereas a staffing plan focuses on staffing and other labor-related factors. B) Supply options are actions that adjust demand patterns. C) Operations and marketing are the only two functional areas that supply inputs for developing production and staffing plans. D) A level strategy stabilizes inventory levels by adjusting production rates or staff levels to match demand levels over the planning horizon.