Swings in discretionary financing needed can be caused by:
A)firm profitability.
B)economic activity.
C)industry influence.
D)all of the above.

Question

Quizplus · Accepted Answer

Discretionary financing is the financing needed by a company that is not directly tied to its operations or investments. It can be affected by firm profitability, as a profitable company may have more funds available to invest in discretionary activities. Economic activity also plays a role, as a booming economy may lead to more opportunities for discretionary spending, while economic downturns may restrain such spending. Industry influence can also impact discretionary financing, as some industries may have more opportunities or need for discretionary activities than others. Therefore, all of the above factors can cause swings in discretionary financing needed.

Swings in Discretionary Financing Needed Can Be Caused By