Which of the following would be classified as equity financing for a firm?

A) Preferred shareholders, banks, and nonbank lenders
B) Nonbank lenders, common shareholders, and commercial banks
C) Preferred shareholders, common shareholders, and retained earnings
D) Suppliers, nonbank lenders, and commercial banks

Answer: C
Explanation: C) Bank and nonbank lenders, as well as suppliers, are sources of debt lending.

Business

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