Merith Qin, a textile company, relies on self-funding in order to sustain the promotion of its new product in the market. The company sold its newly issued stock and was able to amass a sizable amount of money to invest. Which of the following sources of long-term funds is being used by Merith Qin in the given scenario?
A. Direct investments from owners
B. Long-term debt
C. Corporate bonds
D. Term loans
Answer: A
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Answer the following statements true (T) or false (F)
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Which of the following represents the correct sequence of steps in the problem-solving process?
a. Recognize and define the problem; collect and organize the data; select a method of solution; arrive at an answer b. Select a method of solution; recognize and define the problem; collect and organize the data; arrive at an answer c. Recognize and define the problem; select a method of solution; collect and organize the data; arrive at an answer d. Select a method of solution; collect and organize the data; recognize and define the problem; arrive at an answer
When a landlord leases property for a given period of time:
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a. True b. False Indicate whether the statement is true or false