Like many small businesses in the early stages, founder Jim Moon self-financed Moonworks. When the founder provides the primary funding for a small business, she or he is employing which form of financing?
A. Debt capital
B. Proceeds from sales of assets
C. Retained earnings
D. Sales revenue
E. Equity capital
Answers: 3
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Like many small businesses in the early stages, founder Jim Moon self-financed Moonworks. When the f...
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