Question
Determine whether each of the following is direct financing or indirect financing.(2 points)
investing in a mutual fund
Direct Financing
Indirect Financing
investing in a friend's new business
Direct Financing
Indirect Financing
selling stock on the stock market
Direct Financing
Indirect Financing
taking out a loan at a commercial bank
Direct Financing
Indirect Financing
investing in a mutual fund
Direct Financing
Indirect Financing
investing in a friend's new business
Direct Financing
Indirect Financing
selling stock on the stock market
Direct Financing
Indirect Financing
taking out a loan at a commercial bank
Direct Financing
Indirect Financing
Answers
GPT-4o mini
1. **Investing in a mutual fund**
**Indirect Financing**
2. **Investing in a friend's new business**
**Direct Financing**
3. **Selling stock on the stock market**
**Direct Financing**
4. **Taking out a loan at a commercial bank**
**Indirect Financing**
**Indirect Financing**
2. **Investing in a friend's new business**
**Direct Financing**
3. **Selling stock on the stock market**
**Direct Financing**
4. **Taking out a loan at a commercial bank**
**Indirect Financing**