The following is true of financial assets: a. Companies issue financial assets i
ID: 2479194 • Letter: T
Question
The following is true of financial assets:
a.
Companies issue financial assets in order to raise capital (money).
b.
Investors purchase financial assets in order to earn a return on funds they don't currently need.
c.
They differ from real assets in that they are pieces of paper as opposed to physical objects.
d.
All of these are true.
a.
Companies issue financial assets in order to raise capital (money).
b.
Investors purchase financial assets in order to earn a return on funds they don't currently need.
c.
They differ from real assets in that they are pieces of paper as opposed to physical objects.
d.
All of these are true.
Explanation / Answer
All of these are true.
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