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Multiple Choice Question Trey 25,000 Savings, Two New Laptops, Two Laser Printers, Variety Quality Office Furniture

Problemas

Multiple Choice Question Trey has 25,000 in savings, two new laptops, two laser printers, and a variety of quality office furniture that he's using to start his new Internet auction startup business. This array of assets brought into a company is known as __ financing because Trey is using real personal assets rather than borrowing funds from outside sources. fiduciary venture secondary equity

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Respuesta

quityEquity financing refers to the process of raising capital through the sale of shares or by using personal assets. In this case, Trey is using his personal assets (savings, laptops, printers, and furniture) to finance his business, which is considered equity financing.