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Firdavs [7]
3 years ago
10

Generally the least expensive source of longminus term capital is​ ________. A. retained earnings B. longminus term debt C. pref

erred stock D. common stock
Social Studies
1 answer:
Ugo [173]3 years ago
4 0

Answer:B. Longminus term debt.

Explanation: Longminus term capital are simply debts with over one year maturity. They are referred to as a company's debt or liabilities which will not become due within one year of the balance sheet date. The common sources of long-term fund or capital includes; preferred stock, common stock, retained earning, long-term debt. Considering the interest rate and the repayment time frame, longminus term debt are generally least expensive.

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