Discretionary financing needs implies
A) that management may choose between various forms of debt and equity.
B) that the purchases being financed are optional rather than necessary.
C) that management has considerable discretion in how to dispose of retained earnings.
D) that management may choose between debt, new equity or retained earnings.
Answer: A
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Which of the following best explains the difference between data and information?
A) Information needs to be processed to be useful, but data is useful without being processed. B) Data is created from the transformation of information. C) Data is more structured and organized than information. D) Information is more structured and organized than data. E) Data is interpreted information.
Holders of record are stockholders whose names are recorded on the date of record receive the declared dividend
Indicate whether the statement is true or false