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Description Assume that James Park and Eric Friedman of Fitbit plan to expand their business to accommodate more product lines. They are considering financing expansion

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Description Assume that James Park and Eric Friedman of Fitbit plan to expand their business to accommodate more product lines. They are considering financing expansion in one of two ways: (1) contributing more of their own funds to the business or (2) borrowing funds from a bank. Identify at least two issues that James and Eric should consider when trying to decide on the method for financing their expansion. Explain the issues

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