1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Rainbow [258]
4 years ago
12

Lois wants to start an art gallery. However, because of lack of adequate funds, she decides to borrow money from a bank. The ban

k is hesitant to give money to Lois because it cannot verify whether her business would be able to earn enough profit to repay the borrowed amount within the stipulated period. However, after a thorough research, the bank grants her the money. In the given scenario, Lois uses _____ to fund her business.
A. crowdfundingB. a loanC. venture capitalD. a credit card
Business
1 answer:
IRINA_888 [86]4 years ago
8 0

Answer: Loan

Explanation: In simple words, loan refers to lending of money by one entity or a group of entities to some other party. The individual or organisation taking the loan have to repay it in installments in a specified period. The installment repaid is a sum of principal and the interest charged.

In the given case, Lois borrowed money from a bank and is liable to repay that loan within a specified time period.

Hence from the above we can conclude that the correct option is B.

You might be interested in
Ag-Coop is a large farm cooperative with a number of agriculture-related manufacturing and service divisions. As a cooperative,
Anon25 [30]

Answer:

See complete solution in the picture attachment.

Explanation:

8 0
3 years ago
The Haskins Company manufactures and sells radios. Each radio sells for $23.75 and the variable cost per unit is $16.25. Haskin'
dusya [7]

Answer:

Contribution margin per unit= $7.5

Explanation:

Giving the following information:

Each radio sells for $23.75 and the variable cost per unit is $16.25.

The contribution margin is the difference between the selling price and the unitary variable cost:

Contribution margin= selling price - unitary variable cost

Contribution margin= 23.75 - 16.25

Contribution margin= $7.5

6 0
3 years ago
Financing, market research, risk-taking, and other services are considered to be ________ functions.
Artyom0805 [142]

Answer:

Facilitating functions

Explanation:

Facilitating functions are those in a business activity that helps make the exchange and physical processes run smoothly.

They do not involve direct exchange of title of products or physical handing of goods.

For example the activities of marketers of a product results in easy sale of the product by the manufacturer.

Also activities like financing, market research, and risk taking are all facilitating activities that make a business run smoother

7 0
3 years ago
What is one strong, positive motivator in building the family business that leads to greater cooperation? A. The family members’
AURORKA [14]
The answer would be D or C
3 0
3 years ago
What is the future value of your money
GalinKa [24]
Future value<span> is the </span>value<span> of an asset at a specific date. It measures the nominal</span>future<span> sum of </span>money<span> that a given sum of </span>money<span> is "worth" at a specified time in the</span>future<span> assuming a certain interest rate, or more generally, rate of return; it is the present </span>value<span> multiplied by the accumulation function.</span>
4 0
3 years ago
Read 2 more answers
Other questions:
  • In 2013, Space Technology Company modified its model Z2 satellite to incorporate a new communication device. The company made th
    10·1 answer
  • Which best describes the difference between sole proprietorships and partnerships?
    8·2 answers
  • Capital budgeting is concerned with the month to month investments of a firm true or false
    10·1 answer
  • Account Title Debit Credit Cash $ 6,400 Accounts receivable 24,500 Office supplies 7,700 Trucks 186,000 Accumulated depreciation
    5·1 answer
  • tulip Co. owns 100% of Daisy Co.'s outstanding common stock. Tulip's cost of goods sold for the year totals $600,000, and Daisy'
    12·2 answers
  • A chemical reactor gives a fractional conversion of only 10% of the expensive limiting reactant in the feed stream. Assuming not
    6·1 answer
  • Who is responsible for the preparation of the financial statement​
    6·1 answer
  • When an investor adds international stocks to his or her U.S. stock portfolio, a. he or she needs to seek professional managemen
    9·1 answer
  • In the Frankfurt market, Aldi stock closed at €5 per share. On the same day, the euro-U.S. dollar spot exchange rate was €.625/$
    15·1 answer
  • Multinational enterprises that manufacture commodity products that focus on cost leadership tend to use a(n) ______ strategy.
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!