Business, 21.10.2021 01:00 claudiagallegos26
Trung and Dylan are business partners. Their company, Grow iO, develops pesticide-resistant seeds. They initially started the business with their savings. However, now the company plans to expand its operations, and the required amount of capital cannot be raised through savings or by reinvesting profits. Thus, the partners have decided to sell stock in their business to family members, friends, and employees. Which of the following sources of capital have Trung and Dylan planned to use for the expansion of their business?
a. debt financing
b. bootstrapping
c. equity financing
d. mortgaging
e. factoring
Answers: 3
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Trung and Dylan are business partners. Their company, Grow iO, develops pesticide-resistant seeds. T...
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