Which of the Following Statements Generally Gives the Correct Order

Multiple Choice

Which of the following statements generally gives the correct order in which management choose amongst alternatives to finance projects?

A) (1) Retained earnings;(2) ordinary shares;(3) debt;and (4) convertible debt
B) (1) Retained earnings;(2) debt;(3) convertible debt;and (4) ordinary shares
C) (1) Retained earnings;(2) convertible debt;(3) ordinary shares;and (4) debt
D) (1) Convertible debt;(2) ordinary shares;(3) debt;and (4) retained earnings