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Generally, the order of cost, from the least expensive to the most expensive, for long-term capital of a company:

a) preference share capital, retained earnings, ordinary share equity capital, new ordinary share equity capital.

b) ordinary share equity capital, preference share capital, long-term debt, short-term debt.

c) new ordinary share equity capital, retained earnings, preference share capital, long-term debt.

d) long-term debt, preference share capital, retained earnings, new ordinary share equity capital.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M970281

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