b. it is easier for a country to grow fast and so catch-up if it starts out relatively poor.
This is because a poor economy has more <u>room to grow</u>. Say the poor country's GDP is 1 million and the rich country's GDP is 100 million If they each made investments that grew their economies by $5 million dollars, that would be a huge increase for the poorer country and barely 5% of the richer country. Developing economies can catch up faster because each little investment makes such a big impact.
Answer:
1. It is not easy to get funds for a start up, as many banks do not consider it as a successful decision to provide loan to a start up, as the feasibility of recovery of loan cannot be identified and guaranteed.
2. Venture capitalists also faces the same issue as of bank, also they are large equity investors and tend to invest in even larger project.
3. Private investors do not blindly invest and rather are more cautious then banks or venture capitalists, as because they do not huge funds to invest, and with less amount of investment they need even higher assurance.
4. Public stock is never available for a start up as for public stock issue you need great credibility, and good previous record.
Answer:
they'd be trying to learn from their ugly mistakes <3
Explanation:
Answer: one year; longer
Explanation:
<em>Current liabilities are those obligations that are payable within </em><em><u>one year </u></em><em>or the operating cycle whichever is </em><em><u>longer</u></em><em>.</em>
Current Liabilities are debt that a company owes that are due usually within a year but if the operating cycle of the business is longer then current liabilities will be those owed for the operating cycle.
Examples include; Accounts Payable, Interest payable, Income taxes payable and bank overdrafts.
Answer is A because they receive credit