Robert can obtain capital from (E) none of the choices is correct.
<h3>
What is capital?</h3>
- A company's capital is the money it has available to pay for day-to-day operations and to fund future growth.
- Working capital, debt, equity, and trading capital are the four major types of capital.
- Brokerages and other financial institutions use trading capital.
- Most businesses use capital to expand.
- Capital assists a company's growth by providing the assets required to generate additional revenue.
- A company that grows physically adopts new technologies, or relocates may require additional funds to purchase new facilities or hire new employees.
- In the business world, capital refers to anything a company owns that helps it build wealth.
In the given situation of Robert, no choice is decent enough.
Therefore, Robert can obtain capital from (E) none of the choices is correct.
Know more about capital here:
brainly.com/question/1957305
#SPJ4
The complete question is given below:
Robert is seeking additional capital to expand ABC Inc. In order to qualify ABC as an S corporation, which type of investor group could Robert obtain capital from?
a. 30 different partnerships.
b. 10 different C corporations.
c. 90 nonresident individuals.
d. 120 unrelated resident individuals.
e. None of the choices are correct.
