As an initial assumption,it is reasonable to assume that firms are reluctant to do all of the following EXCEPT:
A)purchase new fixed assets.
B)issue new equity.
C)change dividend policy.
D)change debt policy.

Question

Quizplus · Accepted Answer

Firms are typically reluctant to purchase new fixed assets because it requires a large upfront investment and can be difficult to reverse if the investment does not pan out.

As an Initial Assumption,it Is Reasonable to Assume That Firms