What is the biggest advantage of borrowing money,
What is the biggest advantage of borrowing money, such as a loan or a bond, instead of issuing stock in order to raise capital?Select one:a. The interest rate is usually less b. The business owner does not have to worry about legal liability c. The current business owner retains complete ownership of the business
You pay your neighbor $100 in exchange for the used washing machine she is selling. Your neighbor puts that $100 into her pocket and takes her family out to the movies and a nice dinner at the end of the week. She still has $20 left after this outing and decides to put the remaining $20 into her savings account. This is an example of: Select one: a. Exchange rate b. Time value of money c. Store of value
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