When a company "borrows" money from the owners by selling common stock or using internal funds, it is called equity financing

Indicate whether the statement is true or false.

Answer: TRUE

Business

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How does the market for corporate control help stakeholders?

a. By causing managers and executives to focus on the stakeholders b. By having the company stay alive, but under government supervision c. By taking undervalued companies and helping them grow and become more profitable, thus benefitting all stakeholders d. By having larger, more profitable companies take over businesses and cut costs solely to raise profits

Business

What is the name of the account in which many central banks require their banks to hold a percentage of the deposits as reserves at the central bank?

A) retained earnings B) excess reserves C) margin account D) required reserves

Business