Financing New Ventures

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RosySparrow
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Which of the following is NOT a means to alleviate the concern of creating and maintaining sufficient capital?

Having enough money available at all times

What is fixed capital?

Money needed to purchase physical facilities

What is working capital?

Money needed for daily business operations

What is liquid capital?

<p>Money needed for short-term investments</p> Signup and view all the answers

Why is the entrepreneur's ability to obtain money and secure credit essential?

<p>To sustain a healthy financial situation</p> Signup and view all the answers

Which of the following is NOT a purpose for which an entrepreneur needs money?

<p>Short-term investment</p> Signup and view all the answers

What is the main concern of every entrepreneur?

<p>Creating and maintaining sufficient capital</p> Signup and view all the answers

Why is the entrepreneur's ability to obtain money and secure credit essential?

<p>To sustain a healthy financial situation</p> Signup and view all the answers

What type of capital requirement ties up capital for extended periods?

<p>Fixed capital</p> Signup and view all the answers

What is a means to alleviate the concern of creating and maintaining sufficient capital?

<p>Financial planning and control</p> Signup and view all the answers

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