Total assets must equal the sum of which sources of financing?
A)Spontaneous
B)Temporary
C)Permanent
D)Spontaneous,temporary and permanent

Question

Quizplus · Accepted Answer

Total assets must equal the sum of all sources of financing, which include spontaneous (such as accounts payable and accruals), temporary (such as short-term bank loans and commercial paper), and permanent (such as long-term debt and equity) financing.

Total Assets Must Equal the Sum of Which Sources of Financing