Discretionary financing needs implies
A) that management may choose between various forms of debt and equity.
B) that the purchases being financed are optional rather than necessary.
C) that management has considerable discretion in how to dispose of retained earnings.
D) that management may choose between debt, new equity or retained earnings.

Question

Quizplus · Accepted Answer

Discretionary financing needs imply that management has the flexibility to choose between various forms of debt and equity to meet the company's financing requirements.

Discretionary Financing Needs Implies