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brilliants [131]
3 years ago
12

When using ________ financing, the company incurs a legal obligation to repay the amount borrowed. debt equity retained earnings

commitment?
Business
1 answer:
Leni [432]3 years ago
6 0
When using Debt financing, the company incurs a legal obligation to repay the amount borrowed. Retained earnings assign to the percentage of net acquiring not to paid out as dividends, but retained by the company to be reinvested in its core business, or to pay a debt.
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