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Business Finance - Debt, Equity, and Depreciation What does pecking order theory say? (The | | Internal capital debt external equity. B Internal capital =

Business Finance - Debt, Equity, and Depreciation\ What does "pecking order" theory say? (The |

| Internal capital

debt

external equity.\ B Internal capital

=

debt

=

external equity.\ C Internal capital

>

debt

>

external equity.\ D

|

| External equity

>

debt

internal capital.

image text in transcribed
Business Finance - Debt, Equity, and Depreciation What does "pecking order" theory say? (The debt > external equity. D External equity > debt

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