Question: 16. The four basic sources of long-term funds for a business are: a. current liabilities, long-term debt, common stock and preferred stock b. current liabilities,

16. The four basic sources of long-term funds for a business are: a. current liabilities, long-term debt, common stock and preferred stock b. current liabilities, long-term debt, common stock and retained earnings c. current liabilities, paid in capital in excess of par, common stock and retained earnings d. long-term debt, common stock, preferred stock and retained earnings

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