State whether each of the following involves debt financing or equity financing:
(a) A bond issue for $3,500,000 by a city-owned utility
(b) An initial public offering (IPO) of $35,000,000 in common stock for a dot-com company
(c) $31,000 taken from your retirement account to pay cash for a new car
(d) A homeowner’s equity loan for $40,000
(a) Bonds are debt financing
(b) Stocks are always equity
(c) Equity
(d) Equity loans are debt financing, like house mortgage loans
You might also like to view...
Which of the following occurs as soon as a heating thermostat is closed?
a. The flame rollout switch opens. b. The blower fan starts c. The inducer fan starts. d. The inducer pressure switch opens.
Define concrete
What will be an ideal response?
When did mass air conditioning of homes with window units begin?
What will be an ideal response?
________: the amount by which the quantity supplied exceeds the quantity demanded at a particular market price.
Fill in the blank(s) with the appropriate word(s).