Answer to Question #207537 in Accounting for Noluthando

Question #207537

The cheapest form of funding for a business

Expert's answer

Debt is considered as the cheapest source of financing.

Learn more about our help with Assignments: Accounting

Comments

No comments. Be the first!

Leave a comment

Related Questions

1. On January 1,2021, Judycel Co. acquired on equipment for ₱500,000 on account with term of 3/10, n/
2. On January 1,2021, Jimar Co. acquired an equipment by issuing two-year, noninterest bearing note amo
3. January 1,2021, Raicel Co. traded an old equipment for a newer model. Data before the trade in are
4. On January 1,2021, Mhelson Co. acquired an equipment with a fair value of ₱5,080,000 by assuing 50
5. On July 1, 2021, Ria Co. purchased a ₱400,000 tract of land that is interested to be the site of a
6. On January 1,2020, Kendall Inc. began construction of an automated cattle feeder system. The system
7. On February 1, 2021 Marianne Co. purchased the right to remove gravel from an old rock quarry. The g