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
You might also like to view...
Differentiate between an open and a closed economy? Do you agree that the U.S. economy is more open among the advanced industrial countries in the world?
What will be an ideal response?
You lose your job and, as a result, you buy fewer iTunes music downloads. This shows that you consider iTunes music downloads to be a(n)
a. luxury good. b. inferior good. c. normal good. d. complementary good.
Certifying a used car through a brand dealership is one way to:
A. credibly screen out lemons. B. unreliably signal that the car is not a lemon. C. unreliably screen out lemons. D. credibly signal the car is not a lemon.
The economy is in the horizontal portion of the AS curve, investment spending is interest insensitive and there is no liquidity trap. According to the Keynesian transmission mechanism, if the money supply increases the interest rate will __________, investment spending will __________, the AD curve will __________, and Real GDP will __________
A) fall; fall; left; fall B) rise; drop; left; fall C) fall; remain unchanged; not shift; not change D) rise; remain unchanged; not shift; not change E) none of the above