The primary source of funds for the firm in 2003 is (See Table 3.1)
A. net profits after taxes.
B. an increase in notes payable.
C. an increase in long‑term debt.
D. an increase in inventory.
Answer:C
The primary source of funds for the firm in 2003 is (See Table 3.1)
A. net profits after taxes. B. an increase in notes payable. C. an increase in long‑term debt. D. an increase in inventory.