Which of the Following Is the Least Permanent Source of Capital

question 16

Multiple Choice

Which of the following is the least permanent source of capital for a firm?

• A)A 10% coupon bond purchased 3 years ago
• B)Preferred shares
• C)10% coupon bonds issued 10 years ago
• D)Accounts payable

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Definitions:

Inventory

The total amount of goods and materials held in stock by a business, warehouse, or store.

Marketing Mix

The combination of factors that can be controlled by a company to influence consumers to purchase its products, typically comprised of the 4Ps: Product, Price, Place, and Promotion.

Easiest

Pertaining to the use or role of something being the most straightforward, requiring the least effort, difficulty, or complexity.

Promotion

Activities designed to increase the awareness, sales, and market share of a product or service.