Which of the following is the best example of an external source for obtaining funds for business?
A) revenue from selling assets
B) funds from shareholders
C) interest from deposits
D) issuing corporate bonds
E) earnings from investments
Answer: D
Explanation: Raising funds by issuing corporate bonds is an example of an external source of revenue.
Business
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The ________ of an asset or liability is its cost carried on the balance sheet
A) market value B) book value C) hybrid value D) theoretical value
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