Spontaneous funds are generally defined as Select one a. Funds that arise out of normal business operations from its accounts payable and accrued wages O b. Cash raised in a given year net of cash needed to finance additional capital expenditures and working capital O c. Funds must be raised externally through borrowing and/or by selling new common shares O d. A forecasting approach where the projected percentage of sales held constant O e. The level of assets required per dollar of sales