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A start-up company, is looking for various sources of funds. They already have an account payable and receivable a notes payable a bank margin account, a lease for their office space, and some initial investors who have bought some preferred shares. They are in the process of completing their frst Initial Public Offer (IPO). Which of the following are considered medium-term sources of funds? (Select only one answer that best applies) a) The notes payable and the lease b) The lease, but not notes payable c) The preferred shares, but not the common shares d) The preferred and common shares e) The bank account margin f) Accounts receivable and accounts payable

A start-up company, is looking for various sources of funds. They already have an account payable and receivable a notes payable a bank margin account, a lease for their office space, and some initial investors who have bought some preferred shares. They are in the process of completing their frst Initial Public Offer (IPO). Which of the following are considered medium-term sources of funds? (Select only one answer that best applies) a) The notes payable and the lease b) The lease, but not notes payable c) The preferred shares, but not the common shares d) The preferred and common shares e) The bank account margin f) Accounts receivable and accounts payable

Financial Accounting
Financial Accounting
15th Edition
ISBN:9781337272124
Author:Carl Warren, James M. Reeve, Jonathan Duchac
Publisher:Carl Warren, James M. Reeve, Jonathan Duchac
Chapter15: Investments And Fair Value Accounting
Section: Chapter Questions
Problem 2CP
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A start-up company, is looking for various sources of funds. They already have an account payable and receivable a notes payable a bank margin account, a lease for their office space, and some initial investors who have bought some preferred shares. They are in the process of completing their frst Initial Public Offer (IPO). Which of the following are considered medium-term sources of funds? (Select only one answer that best applies)

a) The notes payable and the lease

b) The lease, but not notes payable

c) The preferred shares, but not the common shares

d) The preferred and common shares

e) The bank account margin

f) Accounts receivable and accounts payable

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