Discretionary Financing Needs Implies

question 21

Multiple Choice

Discretionary financing needs implies

• A) that management may choose between various forms of debt and equity.
• B) that the purchases being financed are optional rather than necessary.
• C) that management has considerable discretion in how to dispose of retained earnings.
• D) that management may choose between debt, new equity or retained earnings.

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Definitions:

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Slide Replacement

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Source Codes

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Nonverbal Communication

The process of conveying a message without words, through gestures, facial expressions, posture, and other cues.