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Which One of These Statements Describes U

Question 98

Multiple Choice

Which one of these statements describes U.S.firms during recent years?


A) Firms have rarely relied on debt financing.
B) Internal funds have provided less than half of the firms financing needs.
C) Firms have repurchased more equity than they have sold.
D) Debt is used to fund approximately half of the firms financing needs.

Correct Answer:

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