American businesses use stock to finance about 10 percent of their external financing.
Types of Financing
In business, there are numerous ways to obtain financing. Examples include:
- Issuing stock
- Loans from banks
- Grants from governmental entities
- Issuing Bonds
All of these create funding for the business. However, the majority of financing needs to eventually repaid at a later date.
Answer and Explanation:
The answer is True. This is a true statement.
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from Corporate Finance: Help & ReviewChapter 8 / Lesson 7