An MNC's capital represents all of the following except its proceeds received from:
A) issuing commercial paper.
B) issuing stock.
C) issuing long-term bonds.
D) retained earnings.

Name: An MNC's capital represents all of the following except its proceeds received from: A) issuing commercial paper. B) issuing stock. C) issuing long-term bonds. D) retained earnings.
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Question

Quizplus · Accepted Answer

Commercial paper is a short-term debt instrument, not a part of the long-term capital structure of a company.

An MNC's Capital Represents All of the Following Except Its