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, retained earnings, common stock, new common stock.
D) long-term debt, preferred stock, retained earnings, new common stock.