Merith Qin, a Textile Company, Relies on Self-Funding in Order

Multiple Choice

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