The Four Basic Sources of Long-Term Funds for the Business

Multiple Choice

The four basic sources of long-term funds for the business firm are

A) long-term debt, common stock, preferred stock, and retained earnings.
B) current liabilities, long-term debt, common stock, and preferred stock.
C) current liabilities, long-term debt, common stock, and retained earnings.
D) long-term debt, paid-in capital in excess of par, common stock, and retained earnings.