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A review of the sources of funds for non-financial corporations since 1999 indicates that..

A. Debt has been the primary source of funds.

B. Because of the tax deductibility of dividends, most companies choose this path over stock repurchases.

C. Internal funds (operating profits) have been the primary source of funds.

D. Dividends have exceeded stock repurchases.

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92320561

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