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.