Which of the following might be considered the most drastic step in securing funding, often a last resort for a corporation?
A) Using sales revenue
B) Equity capital funding
C) Short-term borrowing from a bank
D) Debt capital funding
E) Sale of assets

Question

Quizplus · Accepted Answer

Sale of assets is often considered the most drastic step in securing funding as it involves selling off important company assets to generate cash, which is a last resort for a corporation. It can also have long-term impacts on the company's ability to operate and grow in the future. The other options, such as using sales revenue, equity capital funding, short-term borrowing, and debt capital funding, are more common and less drastic methods of securing funding.

Which of the Following Might Be Considered the Most Drastic