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    Understanding Canadian Business Study Set 1
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    Exam 17: Financial Management Appendix C Managing Risk
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    Represent the Most Favoured Source of Meeting Long-Term Financing Needs
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Represent the Most Favoured Source of Meeting Long-Term Financing Needs

Question 1

Question 1

Multiple Choice

represent the most favoured source of meeting long-term financing needs because there are no interest payments,dividends,or underwriting fees required when using this source.


A) Retained earnings
B) Debentures
C) Secured bonds
D) Warrants

Correct Answer:

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