Question
Which one of these statements is correct regarding U.S. firms during the period 1995-2012? A. Firms have rarely relied on debt financing. B. Internal funds
Which one of these statements is correct regarding U.S. firms during the period 1995-2012?
A. Firms have rarely relied on debt financing.
B. Internal funds have provided less than half of the firms financing needs.
C. Firms have repurchased more equity than they have sold.
D. Debt is used to fund approximately half of the firms financing needs.
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The correct answer is B Internal funds have provided less than half of the firms financing needs Mos...
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Understanding Management
Authors: Richard L. Daft, Dorothy Marcic
10th edition
1305887093, 1305502213, 9781305887091, 978-1305502215
