All else equal, when the rate of growth in sales or assets in a financial plan is higher, external financing needs will be greater.
What is financial plan?
This is a document, which outline one's financial plan, including long and short terms. Financial plan helps determine short and long-term financial goals and create a balanced plan to meet those goals.
Hence, all else equal, when the rate of growth in sales or assets in a financial plan is higher, external financing needs will be greater.
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