1 the majority of an established firms capital is, Ask an Expert

Finance

1. The majority of an established firm's capital is generated:

through funded debt.

through issuance of new shares.

internally.

externally.

2. When sales are made without the accompaniment of a formal debt contract, the sales are said to be on:

trade credit.

sight draft.

open account.

conditional sale terms.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91671465

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