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Finance and Budgeting: Mastery Test
Drag each label to the correct location on the image.
Carl wants to purchase a local soccer franchise. Classify the sources of finance for this new business.
angel investor
government
issued a $1,000 security that can be
converted to 100 shares after 5 years.
granted tax incentives for stadium
improvements
sanctioned a long-term loan in exchange
for collateral
buy 10% of the company in exchange
for cash
impressed with the business plan,
Mr. Doyle provided $75,000.
secured $100,000 from the sale of
common stock.
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banks equity
convertible bond
venture capitalist