Kevin's Company Needs to Obtain Funds in Order to Keep

question 95

Multiple Choice

Kevin's company needs to obtain funds in order to keep the business going; however, she does not want stockholders influencing the direction of her company. What type of financing should Kevin acquire?

• A) Angel investment
• B) Venture capital
• C) Debt capital
• D) Equity capital

---

Definitions:

Maintenance Supplies

Items and materials used in the routine care and upkeep of machinery, equipment, and facilities.

Factory Overhead

All the indirect costs associated with running a manufacturing facility, such as utilities, maintenance, and salaried personnel, that cannot be directly traced to specific products.

Direct Materials

Raw materials that are directly used in the manufacturing process of a product and can be easily traced to it.

Factory Overhead

All indirect costs related to manufacturing, such as utilities, maintenance, and salaries of indirect labor, not directly tied to production.