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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
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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