The basic sources of capital for a firm include all of the following EXCEPT
A) long-term debt.
B) preferred stock.
C) current liabilities.
D) common stock.

Question

Quizplus · Accepted Answer

Current liabilities are not a source of capital for a firm, but rather a form of short-term funding that must be repaid within one year. Long-term debt, preferred stock, and common stock are all sources of capital for a firm.

The Basic Sources of Capital for a Firm Include All