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Rank the following in order of their importance (from most important to least important) in explaining capital structure changes over 5-year time horizons for publicly traded U.S. firms
From 1964 to 2003:
I. Net short-term debt issuing activity
II. Net long-term debt issuing activity
III. Dividend payments
IV. Net equity issuing activity
Spoon
A utensil consisting of a small, shallow bowl on a handle, used for preparing, serving, or eating food.
Statue
A three-dimensional sculpture.
Kente Cloth
A type of silk and cotton fabric made of interwoven cloth strips and is native to the Akan ethnic group of South Ghana, known for its vibrant colors and designs.
Material
A substance or substances from which a thing is or can be made.
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