2. For each of the following transactions, place an X in the table to indicate whether direct or indirectfinancing is utilized:Financing ActivityDirect IndirectJim and Mary obtain a mortgage for a new house from their commercial bankJuanita deposits a portion of her pay each month into a savings accountDelta Airlines uses an investment to sell $25 billion in corporate debtAirbus North America borrows $5 million from Bank of America for workingcapitalBoeing draws on its credit line at Citibank borrowing $20 billionAmerican Airlines issues new stock to increase cashA technology start-up company receives funding from a venture capitalist firmAn entrepreneur borrows money from family members to start a newbusiness

Name: 2. For each of the following transactions, place an X in the table to
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Description: 2. For each of the following transactions, place an X in the table to indicate whether direct or indirectfinancing is utilized:Financing ActivityDirect IndirectJim and Mary obtain a mortgage for a new house from their commercial bankJuanita deposits

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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

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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