____________________________ is the spending of money balances on hand or the liquidation of financial or real assets owned by firm to finance spending that exceeds current receipts.

Question

Quizplus · Accepted Answer

Internal financing refers to the use of a company's own retained earnings or assets to fund its operations and investments, rather than seeking external sources of funds. This includes spending money balances on hand or liquidating assets to finance activities that exceed current income.

____________________________ Is the Spending of Money Balances on Hand or the Liquidation