Which of the following involves the use of borrowed funds that will be used for more than one year?
A) short-term financing
B) equity capital
C) long-term financing
D) secured financing

Question

Quizplus · Accepted Answer

Long-term financing involves borrowing funds that will be used for more than one year. Short-term financing involves borrowing funds that will be used for less than one year. Equity capital involves raising funds by selling ownership shares in the business. Secured financing involves using assets as collateral to secure a loan.

Which of the Following Involves the Use of Borrowed Funds