Navim Jain sold stock to investors in order to finance Sparkart, LLC, a company that markets software to track how many times music is played and shared among peers. Jain used _____ financing.

Respuesta :

Answer:

Equity financing

Explanation:

Equity financing is the kind of  financing, which involves or comprise of a procedure for raising the capital or funds by the sale of the shares. The companies raise the money because they have a short term need in order to pay the bills or might have a objective and needs the funds or money to invest for the purpose of growth.

So, in short, it is a form or kind of financing which comprise of raising the funds or money by selling the shares or stock in a business.

Under this case, the Navim used the equity financing as he sold the stock of the company to investors in order to finance.

In the above case, Jain used Equity financing, as Jain exchanged stock to investors in order to finance Sparkart.

What is equity financing?

Equity financing is the form of  financing, that considers or consist a process for raising the funds or capital by the merchandising or selling of the shares.

The most companies or institutions raise the money because of short team need in dictation to pay off the bills, or might have a target and necessitates to invest for the aim of growth.

It is a variety of financing that constitute raising the funds or money by selling the stock in a business.

In the given case, the Navim employed the equity financing as he exchanged the stock of the company to investors for the purpose of business

Therefore, Jain used the equity financing.

Learn more about the equity financing, refer to:

https://brainly.com/question/14033901