The term "own funds" refers to what?

The term "own funds" primarily refers to the financial resources that an entity has generated internally, which can include retained earnings or equity capital. These funds represent ownership interest and do not arise from external borrowing or obligations.

In the context of the choices given, the correct answer emphasizes that "own funds" are related to cash or capital that appears on financial statements, particularly in the equity section. This aligns with the definition of "own funds" as it highlights the nature of these resources being company-generated and reflecting ownership, whereas funds from borrowing or investments from public offerings do not fit the definition as they involve liabilities or external financing sources.