Multiple Choice
Which two of the following are generally used to fund the external financing need?
I. sale of fixed assets
II. increase in accounts payable
III. issuance of long-term debt
IV. sale of equity securities
A) I and II
B) I and III
C) II and III
D) II and IV
E) III and IV
Correct Answer:
Verified
Correct Answer:
Verified
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