Timoth Steels, a steel manufacturing company, wants to install a new factory in Temenia. The company decides to use funds from its own account and refrain from borrowing money from banks. Which of the following sources of long-term funds is being used by Timoth Steels in the given scenario?
A) Term loans
B) Corporate bonds
C) Direct investments from owners
D) Long-term debt

Question

Quizplus · Accepted Answer

Timoth Steels is using direct investments from owners as it is using its own funds rather than borrowing from external sources like banks or issuing bonds.

Timoth Steels, a Steel Manufacturing Company, Wants to Install a New