Henry Spring,a chef at a major restaurant in San Francisco,wants to start his own restaurant.He surveys the market,finds a suitable location,and calculates how much money he will need to lease the building and purchase the necessary equipment and supplies.Henry visits his banker and requests a loan.The money Henry will receive from the loan and the resources he will purchase with it are known as

Question

Quizplus · Accepted Answer

Capital refers to the money or resources that a business owner invests in the business to start or expand it. In this scenario, Henry is requesting a loan to invest in his restaurant, which will provide him with the capital necessary to lease the building and purchase the necessary equipment and supplies. Therefore, the answer is A) capital.

Henry Spring,a Chef at a Major Restaurant in San Francisco,wants