________ Represent a Favorable Source of Meeting Long-Term Financing Needs

question 118

Multiple Choice

________ represent a favorable source of meeting long-term financing needs because there are no interest payments, dividends, or underwriting fees required when using this source.

• A) Secured bonds
• B) Debentures
• C) Warrants
• D) Retained earnings

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Definitions:

Inventory Turnover

A metric that measures how often a company sells and replaces its stock of goods over a certain period, indicating the efficiency of inventory management.