What is the cheapest source of funds? When all other sources turn down your request for funding,
Question:
What is the cheapest source of funds? When all other sources turn down your request for funding, what source is most likely to say yes? Why is this the case? Is the entrepreneur exploiting a personal relationship with this potential source of capital? What are the consequences of using this source of capital if the business goes bankrupt?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 75% (4 reviews)
Personal funds are the cheapest source of funds Family and f...View the full answer
Answered By
Muhammad Umair
I have done job as Embedded System Engineer for just four months but after it i have decided to open my own lab and to work on projects that i can launch my own product in market. I work on different softwares like Proteus, Mikroc to program Embedded Systems. My basic work is on Embedded Systems. I have skills in Autocad, Proteus, C++, C programming and i love to share these skills to other to enhance my knowledge too.
3.50+
1+ Reviews
10+ Question Solved
Related Book For
ISE Entrepreneurship
ISBN: 9781260565621
11th International Edition
Authors: Robert Hisrich, Michael Peters, Dean Shepherd
Question Posted:
Students also viewed these Business questions
-
The Hand-to-Mouth Company needs a $10,000 loan for the next 30 days. It is trying to decide which of three alternatives to use: Alternative A: Forgo the discount on its trade credit agreement that...
-
Al Deardwarf also makes plastic deer for lawn ornaments. Al has found a way to automate the production process completely. He doesnt use any laboronly wood and plastic. Al says he likes the business...
-
The Ontario Brassworks produces brazen effronteries. As you know brass is an alloy of copper and zinc, used in fixed proportions. The production function is given by: f(x1, x2) = min{x1, 2x2}, where...
-
Ronnie owns 600 shares of a stock mutual fund. This year he received dividend distributions of 60 stock mutual fund shares ($ 40 per share) and long term capital gain distributions of 45 stock mutual...
-
What impact does the imposition of a tariff normally have on a nation's terms of trade and volume of trade?
-
The information below was extracted from the books of Bekker Traders, owner J. Bekker, on 30 June 20x2. Bekker Traders accounting period ends annually on 30 June. You are required to: Use the given...
-
How would graphs \(c\) and \(d\) in Figure 3. 8 be different if the same experiment was conducted on the surface of the Moon, where the acceleration due to gravity is six times less than it is on...
-
Big Country Ski Shop is a retail store that sells ski equipment and clothing. Big Country Ski Shop commenced business on September 1, 2016. The firm purchases merchandise on open account. The firms...
-
During 2024, Whisper Creek Spa reported revenue of $65,000. Total expenses for the year were $56,000. Whisper Creek Spa ended the year with total assets of $32,000, and it owed debts totaling...
-
A company makes two products - product A and product B which are sold at a profit per unit of $60 and $100, respectively. The three resources used to make these products are summarized in the table...
-
How useful is a financial plan when it is based on assumptions of the future and we are confident that these assumptions are not going to be 100 percent correct? Does it make more sense for the...
-
Why dont all firms use bootstrap financing? Are there any dangers with this approach? What are the benefits of having some financial slack (e.g., some extra cash in reserve)? What are the costs of...
-
Aspartame, the sweetener used in the commercial products NutraSweet® and Equal® is 160 times sweeter than sucrose. What products would be obtained if aspartame were hydrolyzed completely in...
-
How should a company determine how to classify money market funds? Select answer from the options below Determine if the fund is a negotiable instrument, because then it would be short - term paper....
-
A skater is spinning at 5 rev / s with her arms extended outward. In this position her moment of inertia with respoect to the vertical axis about which she is spinning is 5 0 . 0 kg m 2 . She pulls...
-
Case study: THE BOTTLED WATER INDUSTRY Questions/ Tasks: 1) Analyse the general business environment and its strategic impact for companies in the Bottled Water Industry . 2) Evaluate the competitive...
-
A rectangular poster is 3 times as long as it is wide. A rectangular banner is 5 times as long as it is wide. Both the banner and the poster have perimeters of 24 inches. What are the lengths and...
-
7. Sam wants to save for his retirement. Starting one year from today, he plans to deposit A% of his annual salary each year into a retirement account. His salary currently is $B and will increase by...
-
A classmate is considering dropping his accounting class because he cannot understand the rules of debits and credits. Can the student be successful in the course without an understanding of the...
-
a. What is the cost of borrowing if Amarjit borrows $28 500 and repays it over a four-year period? b. How many shares of each stock would he get if he used the $28 500 and invested equally in all...
-
Isnt corporate entrepreneurship an oxymoron? Do the characteristics of an established organization, such as its routines and structure, increase efficiency but at the same time kill any...
-
Interview three employees that have worked on projects that were terminated. Ask them how they felt about the project, how they felt after it was terminated, and how they feel today. How did they...
-
Request the participation of managers from two companies and then ask them to fill out an entrepreneurial management scale. Based on the scale, which firm is more entrepreneurially managed? Does this...
-
Ralph makes ( 21)/(2) batches of oatmeal cookies. Each batch makes 24 cookies. Ralph gives away ( 1)/(4) of his cookies to his class at school and ( 2)/(5) of his remaining cookies to his bus driver....
-
Create a RESTful API using Node.js and Express that performs CRUD operations on a collection of books stored in memory.
-
Find a minimum spanning tree for the weighted graph using Kruskal's algorithm. B 18 C 23 A 16 S (5 22 20 19 24 23 E D
Study smarter with the SolutionInn App