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Basic Question 5 of 19

Companies typically evolve over time from cash ______ to cash ______, with ______ business risk and ______ debt capacity.

A. consumers, generators, decreasing, increasing
B. consumers, generators, increasing, decreasing
C. generators, consumers, decreasing, increasing

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I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
Barnes

Barnes

Learning Outcome Statements

explain factors affecting capital structure and the weighted-average cost of capital

CFA® 2025 Level I Curriculum, Volume 2, Module 6.