Question

anna's new business looks like it can grow quickly and become profitable in its first year. anna will likely find possible sources of financing than those with less potential for growth and profits. a. more b. fewer c. about the same number of d. many more

Answer 1

Anna's new business looks like it can grow quickly and become profitable in its first year. Anna will likely find possible sources of financing than those with less potential for growth and profits is option (D) many more.

The sources of financing referred to a business gets money from to fund their business operations. A business can gain finance from either internal or external sources of income.

Sources of financing is the main source of funding are retained earnings, debt capital, and equity capital.

Companies use retained earnings from business operations to raise or distribute dividends to their shareholders. Business raise funds by borrowing debt privately from a bank or by going public or share-market.

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