Finch Dexter, a 42-year-old he married with 3 kids. Finch Dex Dexter enterprises, a single pr business organization. Finch D

Advanced Engineering Mathematics
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ISBN:9780470458365
Author:Erwin Kreyszig
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Finch Dexter, a 42-year-old head of the family,
married with 3 kids. Finch Dexter is the owner of
Dexter enterprises, a single proprietorship
business organization. Finch Dexter borrowed
money from the bank for the capital of his
business and the narcel of land will he his
collateral. If Finch Dexter passes away,
a. Where would they get money for the expenses for
his wake and burial?
b. Are his kids might also be studying and will be
rundown of the needed funds for
education? Why?
c. Can all these problems be avoided? Why?
Transcribed Image Text:Finch Dexter, a 42-year-old head of the family, married with 3 kids. Finch Dexter is the owner of Dexter enterprises, a single proprietorship business organization. Finch Dexter borrowed money from the bank for the capital of his business and the narcel of land will he his collateral. If Finch Dexter passes away, a. Where would they get money for the expenses for his wake and burial? b. Are his kids might also be studying and will be rundown of the needed funds for education? Why? c. Can all these problems be avoided? Why?
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