Multiple Choice
You constructed a pro forma balance sheet for next year and found that external financing required was negative (i.e. ,the company projected a financing surplus) .Which of the following options,all else equal,would NOT correct the projected imbalance?
A) A stock repurchase
B) A decrease in accounts payable
C) An increase in cash and marketable securities
D) An increase in the retention ratio
Correct Answer:
Verified
Correct Answer:
Verified
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