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Author Question: A debt instrument indicating that a corporation has borrowed a certain amount of money and promises ... (Read 144 times)

tuffie

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on: Jul 11, 2018
A debt instrument indicating that a corporation has borrowed a certain amount of money and promises to repay it in the future under clearly defined terms is called a(n) ________.
 
  A) common stock
  B) corporate bond
  C) indenture
  D) preferred stock

Question 2

Which of the following is a source of long-term funds?
 
  A) commercial paper
  B) retained earnings
  C) factoring
  D) money market instruments


joshbk44

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Reply #1 on: Jul 11, 2018
Answer to Question 1

B

Answer to Question 2

B


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