Which of the following would be classified as debt lenders for a firm?
A) Preferred shareholders, banks, and nonbank lenders
B) Nonbank lenders, common shareholders, and commercial banks
C) Preferred shareholders, common shareholders, and suppliers
D) Suppliers, nonbank lenders, and commercial banks
Answer: D
Explanation: D) Preferred stockholders are hybrid equity lenders, common shareholders are owners, and the rest of the choices may be considered a form of debt lender.
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A) an accounting firm B) a law firm C) a soda manufacturer D) a construction company
Appraisal costs are ______.
A. the costs of measuring and inspecting products and services B. the costs of managing product returns C. the liability costs of product defects D. the costs of training employees in quality
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