- 1 Marks
BMF – Nov 2019 – L1 – SA – Q20 – Basics of Business Finance and Financial Markets
Identifying a short-term funding source that is not used for long-term financing of public limited companies
Question
Public limited liability companies (Plc) obtain funds from a variety of sources. Which of the following is NOT a source of long-term funds for a public limited liability company?
A. Public offer
B. Commercial paper
C. Rights issue
D. Offer for Sale
E. Retained earnings
Find Related Questions by Tags, levels, etc.
- Tags: Financing, Long-Term Funding, Public Companies
- Level: Level 1
- Topic: Basics of Business Finance and Financial Markets
- Series: NOV 2019
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