Which of the following is an example of financial capital? a. a delivery truck u
ID: 2733072 • Letter: W
Question
Which of the following is an example of financial capital?
a.
a delivery truck used by Federal Express
b.
a desk in a classroom
c.
a share of stock issued by IBM
d.
an electric plant used by your local utility to generate electricity
e.
all of the above are examples of financial capital
Which of the following is an example of financial capital?
a.
a delivery truck used by Federal Express
b.
a desk in a classroom
c.
a share of stock issued by IBM
d.
an electric plant used by your local utility to generate electricity
e.
all of the above are examples of financial capital
Explanation / Answer
There are different type of capital which is classified based on the type of cash flow. Financial capital is type of capital which is use by company to raise fund for the expansion of the company. Example of financial capital is , Debt issue by company, Equity Issue by company, Bank Loan, Preferred stock issue and other all source from where company raise fund.
Hence, option (C) is correct answer.
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