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The Flynn Company started business by obtaining financing through debt financing and equity
financing. Which of the following statements is not correct? Multiple Choice Equity financing
refers to the money obrained through owners' contributions and reinvestments of profit. Debt
financing refers to the maney obtained through loans The business is obligated to repoy debe
financing. The business is obligoted to iepoy equity financing

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The Flynn Company started business by obtaining financing through debt.pdf

  • 1. The Flynn Company started business by obtaining financing through debt financing and equity financing. Which of the following statements is not correct? Multiple Choice Equity financing refers to the money obrained through owners' contributions and reinvestments of profit. Debt financing refers to the maney obtained through loans The business is obligated to repoy debe financing. The business is obligoted to iepoy equity financing