1) what differentiates “discretionary financing needs” from “external
1) What differentiates “discretionary financing needs” from “external financing needs?” A) assets B) retained earnings C) spontaneous liabilities D) sales 2) The quick ratio of a firm would be unaffected by which of the following? A) land held for investment is sold for cash B) inventories are sold on a short-term credit basis C) equipment is purchased, financed by a long-term debt issue D) […]