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Author Question: Generally the least expensive source of long-term capital is ________. A) retained earnings B) ... (Read 79 times)

HCHenry

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on: Jul 11, 2018
Generally the least expensive source of long-term capital is ________.
 
  A) retained earnings
  B) preferred stock
  C) long-term debt
  D) common stock

Question 2

Average payment period can be calculated as accounts payable divided by average sales per day.
 
  Indicate whether the statement is true or false


Mholman93

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Reply #1 on: Jul 11, 2018
Answer to Question 1

C

Answer to Question 2

FALSE


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