What will be the effect on the Income Statement and Balance Sheet if a corporation buys a new piece of manufacturing equipment through a new bank loan?

It is often said that positive net income is not the same as positive cash flows. Why are profits and cash flows different? Why should a business owner care about both?

How can market research benefit entrepreneurs when starting up their business? What kind of information and data can be found from market research?

What advantage does equity financing offer over debt financing?

Outline and briefly describe the major types of short-, intermediate-, and long-term loans commercial banks offer.