Is each of the following an example of direct or indirect, Financial Accounting

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Is each of the following an example of direct or indirect

Is each of the following an example of direct or indirect financing?

a. John purchases stock from the biotech fi rm that employs him.

b. Mary purchases a newly issued government security.

c. John places $3,000 in a savings account at the local savings and loan.

d. John receives a loan from Mary.

e. John receives a loan from Friendly Savings Bank.

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Financial Accounting: Is each of the following an example of direct or indirect

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Financial Accounting: Is each of the following an example of direct or indirect

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