Jayla wants to open her own business making cakes. She has $10,000 of her own money and receives another $20,000 from family and friends. This combined $30,000 that Jayla can use toward her new business is referred to as Multiple Choice a line of credit. the Initial inventory a mortgage. capital. operating income.

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
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Jayla wants to open her own business making cakes. She has $10,000 of her own money and receives another $20,000 from family and friends. This combined $30,000
that Jayla can use toward her new business is referred to as
Multiple Choice
line of credit.
the Initial inventory
a mortgage
capital.
operating income.
Transcribed Image Text:Jayla wants to open her own business making cakes. She has $10,000 of her own money and receives another $20,000 from family and friends. This combined $30,000 that Jayla can use toward her new business is referred to as Multiple Choice line of credit. the Initial inventory a mortgage capital. operating income.
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