General Partnership's ease of conversion to another business form?

The hypothesis is stated as follows: Among long-term assets, the firm should finance long-term tangible assets, such as PP&E, with long-term debt, while other long-term assets, such as investments and intangibles, must be financed with equity

a. tangible asset b. debt-equity c. collateral d. Fisher

Cost is what it takes to produce a product or service

Indicate whether the statement is true or false