It is possible for a variable to be an independent variable in one relationship and a dependent variable in another relationship

A firm's external financing need is financed by which of the following?

A. retained earnings B. net working capital and retained earnings C. net income and retained earnings D. debt or equity E. owners' equity, including retained earnings

A rejection of an offer is not effective until it is actually received by the offeror

Indicate whether the statement is true or false