Firms with high proportions of intangibles, whether recognized as assets on the balance sheet or not, tend to rely more on
a. equity financing than on long-term debt financing.
b. long-term debt financing than on equity financing.
c. short-term debt financing than on long-term debt financing.
d. long-term debt financing than on short-term debt financing.
e. None of these answer choices is correct.
A
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