Trade credit is a form of
A) cost cutting
B) debt financing
C) equity financing
D) interest payment
Correct Answer:
Verified
Q7: Small businesses need financing
A)to fund start-up and
Q8: The majority of new businesses in Canada
Q9: The informal risk-capital market refers to
A)low risk
Q10: "Burn rate" refers to
A)the rate at which
Q11: a business should provide a lender with
Q13: A personal net worth and capability statement
A)is
Q14: Choosing a particular lender may be most
Q15: "Collateral" refers to
A)other business being done with
Q16: The start up phase financing period will
Q17: Small business owners sometimes use personal credit
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