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Miranti Nex, an automobile company, plans to invest in developing a hybrid car. It refrains from using loans from other firms and instead uses its own monetary resources to fund…
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Miranti Nex, an automobile company, plans to invest in developing a hybrid car. It refrains from using loans from other firms and instead uses its own monetary resources to fund…
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Oct 14, 2021
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Miranti Nex, an automobile company, plans to invest in developing a hybrid car. It refrains from using loans from other firms and instead uses its own monetary resources to fund the project. Which of the following sources of long-term funds is being used by Miranti Nex in the given scenario?
A. Corporate bonds
B. Term loansC. Long-term debtD. Direct investments from owners
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Answer:
Direct investments from owners
Step-by-step explanation:
Nikunj Satasiya
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Oct 21, 2021
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