Question: Dear Tutors, Could you help & guide me on below, many thanks You are about to buy a business that is worth $200,000, but you

Dear Tutors,

Could you help & guide me on below, many thanks

You are about to buy a business that is worth $200,000, but you do not have enough money to purchase the business entirely. You have a total of $90,000 in savings, and you are looking at different financing options. Provide information for the following:

  • Explain the advantages of equity financing and debt financing
  • Explain the disadvantages of equity financing and debt financing
  • Provide an example of equity financing
  • Provide an example of debt financing
  • Explain which type of long-term liability financing you would choose to buy the business?

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