According to the Pecking Order Hypothesis, selling equity is the first choice for firms that require outside financing
Indicate whether the statement is true or false.
Answer: FALSE
Explanation: According to the Pecking Order Hypothesis, selling equity is the LAST choice for firms that require outside financing.
You might also like to view...
The best leaders challenge conventional beliefs and practices, and they create constructive change. This is known as
A) Challenging the process B) Inspiring a shared vision C) Enabling others to act D) Modeling the way E) Encouraging the heart
On December 1, Garden of Eat'n, Inc., declared a $0.25 per share dividend to its common shareholders to be paid to those on record at the close of business December 31. The dividend is to be paid on January 7 of the following year. On which date should Dividends Payable be credited?
a. January 7 b. December 31 c. December 1