There are two ways for companies to borrow money. They can sign a note to borrow money from a bank or they can issue bonds to investors. There are advantages and disadvantages of both ways of borrowing money. Watch this short video, then answer the following questions. Link: https://youtu.be/BWnZh9at9ZU?si=HZFbFY1WY_DZiHt-

What is the main difference between notes payable & bonds payable?

• Explain a reason a company might need to borrow a large sum of money.
• Identify an advantage and disadvantage of signing a note.
• Identify an advantage and disadvantage of selling bonds to investors.