Last Year, Lory Bookstore Used Internal fiNancing as a Source

question 5

Multiple Choice

Last year, Lory Bookstore used internal financing as a source of long-term financing for 80% of its total needs.The company borrowed an additional 27% of its total needs in the long-term debt
Markets.What was Lory's net new share issues in that year?

• A)-20%
• B)-7%
• C)0%
• D)20%
• E)27%

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Definitions:

Personality Factor

A characteristic or trait that contributes to the way an individual's personality is structured, influencing behavior, attitudes, and reactions.

Single Trait

The focus on one particular character attribute in the study or description of personality, enabling a simplified understanding of how that trait influences behavior.

High Self-esteem

A positive and confident perception of oneself, reflecting a belief in one’s own worth and abilities.

Big Five

Relates to the five broad personality traits used in psychology: openness, conscientiousness, extraversion, agreeableness, and neuroticism.