Which of the following is part of a firm's financial structure but NOT a component of its capital structure?
A) Retained earnings
B) Mortgage bonds
C) Accounts payable
D) Both A and C

Question

Quizplus · Accepted Answer

Accounts payable are considered part of a firm's financial structure, as they represent short-term liabilities owed to suppliers and vendors. However, they are not considered a component of the capital structure, which typically consists of long-term debt and equity financing. Retained earnings and mortgage bonds are both examples of components of a firm's capital structure.

Which of the Following Is Part of a Firm's Financial