what are two types of financing available for entrepreneurs looking to secure initial capital for their…
what are two types of financing available for entrepreneurs looking to secure initial capital for their business?\na. profit and loss\nb. debt and equity\nc. fixed and variable\nd. managerial and accounting
Answer
Brief Explanations:
Debt financing involves borrowing money that must be repaid with interest. Equity financing means selling ownership stakes in the business. These are two common ways for entrepreneurs to get initial capital. Profit - loss are accounting concepts, fixed - variable can relate to costs, and managerial - accounting are business functions, none of which are types of financing for initial capital.
Answer:
B. Debt and equity