Blasco Industries is currently at full-capacity sales. Which one of the following is limiting sales to this level?

A firm's external financing need is financed by which of the following?    A.  retained earnings B.  net working capital and retained earnings C.  net income and retained earnings D.  debt or equity E.  owners' equity, including retained earnings

31.	Sales can often increase without increasing which one of the following?    A.  accounts receivable B.  cost of goods sold C.  accounts payable D.  fixed assets E.  inventory

32.	Blasco Industries is currently at full-capacity sales. Which one of the following is limiting sales to this level?    A.  net working capital B.  long-term debt C.  inventory D.  fixed assets E.  debt-equity ratio

33.	All else constant, which one of the following will increase the internal rate of growth?    A.  decrease in the retention ratio B.  decrease in net income C.  increase in the dividend payout ratio D.  decrease in total assets E.  increase in costs of goods sold

34.	The external financing need:    A.  will limit growth if unfunded. B.  is unaffected by the dividend payout ratio. C.  must be funded by long-term debt. D.  ignores any changes in retained earnings. E.  considers only the required increase in fixed assets.