A way to raise capital for new projects is to acquire existing businesses.Group of answer choicesTrueFalse

The statement, "A way to raise capital for new projects is to acquire existing businesses," is True.

Explanation:

Acquiring existing businesses can be a strategic move to raise capital for new projects. By purchasing a business that already has an established customer base, revenue streams, and assets, a company can leverage those resources to fund new initiatives. This approach not only potentially provides immediate access to cash flow but can also enhance the overall value and capabilities of the company, allowing for further investments in new projects. Additionally, acquiring a business can lead to synergies that reduce costs or increase revenues, thereby freeing up further capital for future endeavors.