Fix-High, a car service chain, immediately needs to raise $16 million to fund the construction of four new service centers. If Fix-High's owners wish to borrow funds without sharing the ownership of the firm, they should:
a. liquefy their assets
b. take out a bank loan.
c. issue stocks of their firm.
d. wait till they make a profit of $16 million.
b
Economics
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In the short run, wages are assumed to be: a. constant
b. sticky. c. inflexible. d. all of the above are true.
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The benefit to buyers of participating in a market is measured by
a. the price elasticity of demand. b. consumer surplus. c. the maximum amount that buyers are willing to pay for the good. d. the equilibrium price.
Economics