Asked by
Jordon Robinson
on Nov 09, 2024
Verified
Equity funds never need to ______.
A) be repaid
B) be accounted for
C) be stated on the income statement
D) be stated on the balance sheet
Equity Funds
Investments that are made into companies by purchasing shares, thereby gaining an equity interest in the company.
Repaid
Refers to the act of paying back money that was borrowed from an individual, bank, or financial institution.
- Separate the characteristics of debt financing from equity financing and gauge their implications on the funding of businesses.
Verified Answer
TG
Learning Objectives
- Separate the characteristics of debt financing from equity financing and gauge their implications on the funding of businesses.
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