WestJet Airlines wants to raise $20 million to finance the renovation of their corporate offices, and the company wishes to raise the funds through direct finance.Which of the following methods could it use?

Question

Quizplus · Accepted Answer

Direct finance involves raising funds directly from the financial markets, typically through issuing stocks or bonds. Therefore, WestJet could either issue stocks or sell bonds to raise the $20 million.

WestJet Airlines Wants to Raise $20 Million to Finance the Renovation