Which of the following is considered an external source of funds for a company?a.Depreciationb.Sale of common stockc.Loan repaymentd.Retained earnings
Question
Solution 1
The external source of funds for a company from the options provided is b. Sale of common stock.
Here's why:
a. Depreciation: This is not a source of funds. It is an accounting method used to allocate the cost of a tangible asset over its useful life.
b. Sale of common stock: This is an external Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob
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