Bonds usually are issued to obtain cash for what purpose?
A) Meeting working capital needs.
B) Acquisitions of long-term assets.
C) Purchasing insurance.
D) Investing in short-term marketable securities.

Question

Quizplus · Accepted Answer

Bonds are typically issued to raise funds for long-term investments, such as acquiring long-term assets, rather than for short-term needs or investments.

Bonds Usually Are Issued to Obtain Cash for What Purpose