Multiple Choice
Westbro Inc., a home appliances company, wants to invest in marketing new products. In order to generate funds for the process, it issues its own formal IOUs and sells them to its investors. Which of the following sources of long-term funds is being used by Westbro Inc. in the given scenario?
A) Direct investments from owners
B) Corporate bonds
C) Trade credit
D) Term loans
Correct Answer:
Verified
Correct Answer:
Verified
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