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Financing activities involve: a
Financing activities involve:
a. lending money.
b. acquiring investments.
c. issuing debt.
d. acquiring long-lived assets.
Expert Solution
The correct answer to the given question is option c. issuing debt.
The financing activities for a firm usually involve activities meant to raise funds such as issuance of capital stock or issuance of debt. The funds so raised are used for investment in assets and operations of the firm.
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