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papahomer papahomer
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7 years ago
Discretionary financing needs implies
A) that management may choose between various forms of debt and equity.
B) that the purchases being financed are optional rather than necessary.
C) that management has considerable discretion in how to dispose of retained earnings.
D) that management may choose between debt, new equity or retained earnings.
Textbook 
Financial Management: Principles and Applications

Financial Management: Principles and Applications


Edition: 13th
Authors:
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David_hessDavid_hess
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