Ask Question
BusinessBusiness
15 May, 20:39

Some businesses may be able to self-finance, or fund their growth through utilization of their own net income and cash resources. This is sometimes called: a. The elevator pitch b. Bootstrapping c. Leveraging d. Capitalizing

+3
Answers (1)
  1. 15 May, 22:51
    0
    B) Bootstrapping

    Explanation:

    Usually established businesses self finance themselves by setting a retained earnings amount that can be used for financing new or existing projects instead of being distributed to its owners (or shareholders) and without having to borrow money.

    Bootstrapping refers to setting a company and making it grow without using loaned money. This means that the business either grows with money that its owners put into it, or by setting aside retained earnings.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Some businesses may be able to self-finance, or fund their growth through utilization of their own net income and cash resources. This is ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
The following data were taken from the balance sheet of Nilo Company at the end of two recent fiscal years: Current Year Previous Year Current assets: Cash $487,600 $377,100 Marketable securities 585,000 396,000 Accounts and notes receivable (net)
Answers (1)
Mr. Hoffman has always been cautious with his money, but over the past two weeks he has developed grandiose plans to bet his entire life savings on a single horse race.
Answers (1)
Consider the long-run model of a small open economy which starts from a position of trade balance, i. e., exports equal imports. Suppose that corporate downsizing and lack of job security cause consumers to spend less and save more.
Answers (1)
You work for a lending institution and are tasked with whether or not to approve a home loan. all applicants are required to have a 20% down payment, and the standard 28/36 ratio is used the loan application is for $230,000.
Answers (2)
Cassie, her company's public relations spokesperson, schedules a meeting with company stockholders to inform them of an upcoming dividend release. What type of managerial role is Cassie demonstrating?
Answers (1)
New Questions in Business
Two part-time employees share one full-time job. A girl works Mondays comma Thursdays , Wednesdays, and Fridays, and a boy works Tuesdays. The job pays an annual salary of $28 comma 602. What annual salary does each employee earn?
Answers (1)
A piece of property bought by XYZ Corporation a few years ago was sold for $5 M. The cost basis for this property was $2.75 M. The company had a taxable income of $12.15 million in the year the property was sold.
Answers (1)
What must be marked on ready-to-eat bags (PHFs): Best before date Temperature to reheat Name of the food Shelf to store the food on
Answers (2)
In which of the following cases will the effect on equilibrium output be indeterminate (i. e., depend on the magnitudes of the shifts in supply and demand) ? a. Demand increases and supply increases b. Demand decreases and supply decreases c.
Answers (1)
One of your fellow investment adviser representatives (iar) at your firm recently came to you and asked for a loan. you couldn't afford to give him the loan, but two days later you overheard him on the phone asking a client for the same loan.
Answers (1)
Home » Business » Some businesses may be able to self-finance, or fund their growth through utilization of their own net income and cash resources. This is sometimes called: a. The elevator pitch b. Bootstrapping c. Leveraging d. Capitalizing
Sign Up Forgot Password?