Solved

This Is a Theory That Managers Prefer to Use Additions

Question 154

Multiple Choice

This is a theory that managers prefer to use additions to retained earnings to finance the firm, then debt, and as a final resort, new equity.


A) Rational decision maker hypothesis
B) Static trade-off hypothesis
C) Pecking order hypothesis
D) Market timing hypothesis

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions