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10 May, 12:29

The term "spontaneously generated funds" generally refers to increases in the cash account that result from growth in sales, assuming the firm is operating with a positive profit margin.

a. True

b. False

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  1. 10 May, 12:39
    0
    I think that statement would be false

    The term "spontaneously generated funds" generally refers to funds that a firm must raise externally.

    The way they did this is could either by:

    - issuing a bond payable and promise to pay up an interest rate in return

    - Sell out their ownership of the company in the form of stocks.
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