2. For each of the following transactions, place an X in the table to indicate whether direct or indirect financing is utilized: Financing Activity Direct Indirect Jim and Mary obtain a mortgage for a new house from their commercial bank Juanita deposits a portion of her pay each month into a savings account Delta Airlines uses an investment to sell $25 billion in corporate debt
2. For each of the following transactions, place an X in the table to indicate whether direct or indirect financing is utilized: Financing Activity Direct Indirect Jim and Mary obtain a mortgage for a new house from their commercial bank Juanita deposits a portion of her pay each month into a savings account Delta Airlines uses an investment to sell $25 billion in corporate debt
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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
Transcribed Image Text:2. For each of the following transactions, place an X in the table to indicate whether direct or indirect
financing is utilized:
Financing Activity
Direct Indirect
Jim and Mary obtain a mortgage for a new house from their commercial bank
Juanita deposits a portion of her pay each month into a savings account
Delta Airlines uses an investment to sell $25 billion in corporate debt
Airbus North America borrows $5 million from Bank of America for working
capital
Boeing draws on its credit line at Citibank borrowing $20 billion
American Airlines issues new stock to increase cash
A technology start-up company receives funding from a venture capitalist firm
An entrepreneur borrows money from family members to start a new
business
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