The long-term funds of the firm are called
A) debt.
B) assets.
C) capital.
D) equity.

Name: The long-term funds of the firm are called A) debt. B) assets. C) capital. D) equity.
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Question

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Long-term funds of the firm are typically sourced from capital, which includes equity and retained earnings, along with long-term debt. Assets refer to the resources owned by the firm, while debt only includes the funds borrowed by the firm.

The Long-Term Funds of the Firm Are Called