Multiple Choice
Which of the following best describes a firm's external funding requirement?
A) Growth in assets minus growth in liabilities minus net income
B) Growth in assets minus net income
C) Growth in assets minus growth in current liabilities minus net income
D) Growth in assets minus growth in current liabilities minus the year's retained earnings
E) Growth in assets minus the current year's retained earnings
Correct Answer:
Verified
Correct Answer:
Verified
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