The four basic sources of long-term funds for a firm are ...

[WhattoUnderstand]

The four basic sources of long-term funds for a firm are ________.
 
  A) current liabilities, long-term debt, common stock, and preferred stock
  B) current liabilities, long-term debt, common stock, and retained earnings
  C) long-term debt, paid-in capital in excess of par, common stock, and retained earnings
  D) long-term debt, common stock, preferred stock, and retained earnings

Question 2

The liquidity of a business firm is measured by its ability to satisfy its long-term obligations as they come due.
 
  Indicate whether the statement is true or false

[LegendaryAnswers]

Answer to Question 1

D

Answer to Question 2

FALSE