The Ability to Raise External Capital Is an Example of a Firm's

question 20

Multiple Choice

The ability to raise external capital is an example of a firm's _____.

• A) human resources 
• B) technological resources 
• C) financial resources 
• D) intangible resources

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Definitions:

Share Issue Costs

Expenses that a company incurs when issuing new shares, such as legal fees, accounting fees, and underwriting fees.

Fair Value

The projected proceeds from the sale of an asset or the financial burden of transferring a liability in a harmonious transaction between entities in the market at the date of measuring.

Loans Payable

Obligations of a company to repay borrowed money in the future.

Impaired

A term used to describe an asset whose market value has decreased below its book value on the balance sheet.