Navas 27 April 2020 at 12:39 PM

Question	Which of the following events will cause a company's requirements for external financing to increase?
	I. The dividend payout ratio increases.
	II. The company changes its credit terms, increasing the time it gives customers to pay.
	III. The company negotiates a lower price and longer terms with a major supplier.
	IV. The retention ratio increases.
	V. Increased competition forces the company to lower its prices.
	A) II and V.
	B) III and IV.
	C) II, IV and V.
	D) I, II, and V.