Which of the Following Is Not One of the Eight

question 97

Multiple Choice

Which of the following is not one of the eight basic puzzles about financial structure?

• A) Stocks are the most important source of finance for Canadian businesses.
• B) Issuing marketable securities is not the primary way businesses finance their operations.
• C) Indirect finance, which involves the activities of financial intermediaries, is many times more important than direct finance, in which businesses raise funds directly from lenders in financial markets.
• D) Banks are the most important source of external funds to finance businesses.

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Definitions:

Fractions

Numerical quantities that represent a part of a whole, typically written with a numerator divided by a denominator.

Mixed Numbers

A number consisting of an integer and a fraction, used to represent quantities greater than a whole but less than two wholes.

Lowest Terms

Lowest terms refer to a fraction that has been simplified to its smallest possible integer numerator and denominator.

Fractions

Fractions represent parts of a whole or any number of equal parts, typically written with a numerator and a denominator, separated by a slash.