Generally, the Order of Cost, from the Least Expensive to the Most

Multiple Choice

Generally, the order of cost, from the least expensive to the most expensive, for long-term capital of a corporation is ________.

A) new common stock, retained earnings, preferred stock, long-term debt
B) common stock, preferred stock, long-term debt, short-term debt
C) preferred stock, new common stocks, common stock, retained earnings
D) long-term debt, preferred stock, retained earnings, new common stock