Which of the following is a source of long-term funds?
A) spontaneous financing
B) factoring
C) direct investment from owners
D) asset-backed commercial paper

Name: Which of the following is a source of long-term funds? A) spontaneous financing B) factoring C) direct investment from owners D) asset-backed commercial paper
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Question

Quizplus · Accepted Answer

Direct investment from owners provides a source of long-term funds as it involves the infusion of equity capital into the company by the owners which does not have to be repaid.

Which of the Following Is a Source of Long-Term Funds