As Will's business grows and propsers, his company's total assets requirements will equal ___________.
A)total sources of financing less owner's investment and retained earnings
B)spontaneous debt financing plus bank loans plus owner's investment less retained earnings
C)total sources of financing less net assets and owner's investment
D)spontaneous debt financing plus bank loans plus owner's investment plus retained earnings

Question

Quizplus · Accepted Answer

Total assets requirements equals spontaneous debt financing plus bank loans plus owner's investment plus retained earnings. This includes all forms of financing that have been utilized to acquire the assets needed for the company's growth and prosperity.

As Will's Business Grows and Propsers, His Company's Total Assets