Which of the following can be described as involving indirect finance? a. People pay premiums to an insurance company b. A corporation issues new shares to people c. People lend money to their friends d. People buy bonds from companies
Which of the following can be described as involving indirect finance? a. People pay premiums to an insurance company b. A corporation issues new shares to people c. People lend money to their friends d. People buy bonds from companies
Chapter14: Corporation Accounting
Section: Chapter Questions
Problem 19MC: Owners equity represents which of the following? A. the amount of funding the company has from...
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Which of the following can be described as involving indirect finance?
a.
People pay premiums to an insurance company
b.
A corporation issues new shares to people
c.
People lend money to their friends
d.
People buy bonds from companies
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