Question
Which one of the following is not resulted in capital formation? a.Mr. X buys the bonds of a company which develops new ports out of
Which one of the following is not resulted in capital formation?
a.Mr. X buys the bonds of a company which develops new ports out of his savings
b.Mr. X subscribes to equity shares of an airline company in their IPO
c.Mr. X buys a piece of land to grow organic vegitables
d. Mr. X buys gold on the expectation that Gold price is likely to increase.
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Introductory Financial Accounting for Business
Authors: Thomas Edmonds, Christopher Edmonds
1st edition
1260299449, 978-1260299441
