The financial funds needed to acquire assets necessary to support a firm's sales growth is called:
A)spontaneously generated funds
B)additional funds needed
C)addition in retained earnings
D)financial capital needed

Question

Quizplus · Accepted Answer

The financial funds needed to acquire assets necessary to support a firm's sales growth is referred to as financial capital needed. Spontaneously generated funds refer to funds generated through operations without the need for external funds, additional funds needed refers to funds needed from external sources, and addition in retained earnings refers to the portion of net income retained by the company instead of being paid out as dividends.

The Financial Funds Needed to Acquire Assets Necessary to Support