Which is false about long-term sources of a firm's capital? * , O All types of corporations may issue equity securities to the public O Preferred shares are securities whose intrinsic value is based on prospective earnings O Some types of bank loans may require collateral from potential debtors O Retained earnings are internal sources of funding that can be utilized for expansion
Which is false about long-term sources of a firm's capital? * , O All types of corporations may issue equity securities to the public O Preferred shares are securities whose intrinsic value is based on prospective earnings O Some types of bank loans may require collateral from potential debtors O Retained earnings are internal sources of funding that can be utilized for expansion
Financial Reporting, Financial Statement Analysis and Valuation
8th Edition
ISBN:9781285190907
Author:James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
Publisher:James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
Chapter6: Accounting Quality
Section: Chapter Questions
Problem 11QE
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