Accounts Payable is a short-term liability, while debt, equity, and retained earnings are all sources of long-term financing.

The cost of capital is the weighted average cost of all sources of financing, including debt, equity, and retained earnings.

Inflation is not a factor that directly affects the cost of debt. However, it can indirectly affect the cost of debt by increasing the risk of default.

Taxes are not a factor that directly affects the cost of equity. However, they can indirectly affect the cost of equity by reducing the after-tax return to investors.

Return on Investment (ROI) is not a capital budgeting technique. It is a financial ratio that measures the profitability of an investment.

The NPV of a project is the difference between the present value of all future cash flows and the initial investment.

The IRR of a project is the discount rate that makes the NPV of the project equal to zero.

The payback period of a project is the time it takes for the project to generate enough cash flow to cover the initial investment.

Liquidation dividend policy is not a type of dividend policy. It is a policy of paying out all of the company's assets to shareholders and dissolving the company.

A stable dividend policy is one in which the dividend payout ratio is constant.

A growth dividend policy is one in which the dividend per share is increasing.

Debt-to-equity ratio is not a factor that directly affects a company's dividend policy. However, it can indirectly affect the dividend policy by increasing the risk of bankruptcy.

Paying dividends can increase the risk of bankruptcy if the company does not have enough cash flow to cover its dividend payments.

Paying dividends can increase the risk of bankruptcy if the company does not have enough cash flow to cover its dividend payments.

Return on equity is not a type of financial leverage. It is a financial ratio that measures the profitability of a company's equity.