Which of the Following Would Normally Involve Long-Term Financing

question 132

Multiple Choice

Which of the following would normally involve long-term financing?

• A) Workers' salaries
• B) Unanticipated emergencies
• C) Purchase of modern equipment
• D) Expanding current inventory

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Definitions:

Formal Documents

Official papers that follow a specific format or standard, often used for legal, official, or ceremonial purposes.

Solicit Capital

The act of requesting funding or investment from individuals or organizations, typically for business operations or projects.

General Supply

Refers to the overall provision or stock of resources, goods, or equipment that is available for use.

Managed by Shareholders

An organizational structure in which the owners (shareholders) of a firm take an active role in the management decisions.