Which of the following is NOT considered a permanent source of financing?
A) Corporate bonds
B) Common stock
C) Preferred stock
D) Commercial paper

Question

Quizplus · Accepted Answer

Commercial paper is a short-term source of financing, typically used to cover temporary cash flow needs, and is not considered a permanent source of financing. Corporate bonds, common stock, and preferred stock are all examples of permanent sources of financing.

Which of the Following Is NOT Considered a Permanent Source