Firms in need of financing tend to use external funds first and then revert to internal funds, or ...

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Firms in need of financing tend to use external funds first and then revert to internal funds, or ...

Firms in need of financing tend to use external funds first and then revert to internal funds, or retained earnings, as a last resort.
A) True
B) False

Textbook

Financial Management: Core Concepts

Edition: 2^nd

Author: Brooks

Read 154 times

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