Miranti Nex, an automobile company, plans to invest in developing a hybrid car. It refrains from using loans from other firms and instead uses its own monetary resources to fund the project. Which of the following sources of long-term funds is being used by Miranti Nex in the given scenario?
A) Corporate bonds
B) Term loans
C) Long-term debt
D) Direct investments from owners

Question

Quizplus · Accepted Answer

Miranti Nex is using its own monetary resources, which implies that the funding is coming from the owners' equity or retained earnings, making it a direct investment from the owners.

Miranti Nex, an Automobile Company, Plans to Invest in Developing