Generally, Managers of Corporations Prefer Internally Generated Cash to Finance

question 66

Multiple Choice

Generally, managers of corporations prefer internally generated cash to finance their capital expenditures because:
I. They can avoid the discipline of the financial markets
II. The costs of issuing new securities are high
III. The announcement of new equity issue is usually bad news for investors

• A) I only
• B) II only
• C) II and III only
• D) I, II, and III

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Definitions:

Socially Sanctioned Institution

An organization or system that is accepted and supported by society or a community for fulfilling certain roles or functions.

Spiritual Practices

Activities or exercises undertaken to foster spiritual growth, connection to a higher power, or enlightenment, which can vary widely among different cultures and religions.

Religion

Religion is a set of organized beliefs, practices, and systems that relate humanity to spiritual, supernatural, or moral elements, often involving a deity or deities.

Suicidal Risk Assessment

Suicidal risk assessment is the process of evaluating the risk of suicide in individuals by examining factors such as mental health, behavior, and personal circumstances.