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Exam Code: FC0-U61

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NEW QUESTION: 1
Which of the following is not considered a capital component?
A. Retained earnings
B. Long-term debt
C. All of these are considered capital components
D. Preferred stock
E. Common stock
Answer: C
Explanation:
Explanation/Reference:
Explanation:
The four major capital components are debt, preferred stock, retained earnings, and new issues of common stock.

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