Question

As a finance manager of the company you have to classify the funds of business on the basis of ownership. You may classify the sources as:a. borrowed fundsb. owned fundsc. short term fundsd. both a and b.

Answer 1

Explores the experiences and strategies of ethnic entrepreneurs as they strive to integrate economically into mainstream U.S. or European society. Classic cases include Jewish merchants and tradespeople in large U.S. cities in the 19th and early 20th centuries as well as Chinese and Japanese small business owners (restaurants, farmers, shop owners) on the West Coast. In the 2010s, ethnic entrepreneurship has been studied in the case of Cuban business owners in Miami, Indian motel owners of the U.S. and Chinese business owners in Chinatowns across the United States. While entrepreneurship offers these groups many opportunities for economic advancement, self-employment and business ownership in the United States remain unevenly distributed along racial/ethnic lines.

Answer 2

Hey there,

Statement: As a finance manager of the company you have to classify the funds of business on the basis of ownership. You may classify the sources as

Answer: d. both a and b.

Explanation: In order to classify, the finance manager needs to categorise both options and not just one, He need to make a list things the company owns and a separate list of things the company has borrowed for short/long term.

I hope the answer is helpful.

Thanks