Question: Question 32 (5 points) Saved Listen Debt financing and equity financing are two general sources of funds that can be used to finance and business.

Question 32 (5 points) Saved Listen Debt
Question 32 (5 points) Saved Listen Debt financing and equity financing are two general sources of funds that can be used to finance and business. An entrepreneur must understand the advantages and disadvantages of equity financing versus debt financing. Complete the table below by placing an X in the correct row. Note that this table is copied below for you to fill in Item Advantage Disadvantage Advantage Disadvantage Equity Equity Debt Debt No loss of ownership control Total risk on the part of the owner Easier to obtain Interest costs are tax deductible No obligations for interest Legal costs Interest must be paid Dilutes ownership and independence Investor experience Disagreements

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