ch 9
A corporation that wishes to borrow from the general public rather than a bank will issue Multiple choice question.
bonds
Periodic payments on installment notes typically include
a portion that reflects interest. a portion that reduces the outstanding loan balance.
A contract in which an owner provides a user the right to use an asset in return for periodic cash payments over a period of time is called a(n)
lease
Financing with _________ requires borrowing, whereas financing with_______ requires issuing shares of stock.
liability, equity
In a private placement of bonds, bonds may be sold to
a single large investor.
The two types of financing are
equity financing. debt financing.
Loans requiring periodic payments of interest and principle are referred to as ___________ notes
installment