Calhoun Computech Used Internal Financing as a Source of Long-Term

question 23

Multiple Choice

Calhoun Computech used internal financing as a source of long-term financing for 80% of its total needs in 2013.The company borrowed an additional 15% of its total needs in the long-term debt markets in 2013.What were Calhoun's net new stock issues,in percentage terms,for 2013?

• A)-10%
• B)-5%
• C)5%
• D)10%
• E)15%

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Definitions:

Low Cost Reductions

Low cost reductions refer to strategies or measures implemented to decrease the expenses involved in operating a business, production, or delivering services without compromising quality.

Operations Strategies

Plans and policies developed to achieve efficient manufacturing, service delivery, and overall operational performance.

Operations Manager

Someone whose job is to guide, plan, and monitor the production process and modify organizational practices in the creation of goods or services.