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Which of the following sources of financing is considered spontaneous because it fluctuates naturally with changes in ordinary business operations/transactions without management making formal decisions?
- Which of the following sources of financing is considered spontaneous because it fluctuates naturally with changes in ordinary business operations/transactions without management making formal decisions?
| a. | Commercial paper |
| b. | Long-term bond |
| c. | Notes payable |
| d. | Trade credit |
| e. | Equity |
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