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Henry Spring, a chef at a major restaurant in San Francisco, wants to start his own restaurant. He surveys the market, finds a suitable location,
Henry Spring, a chef at a major restaurant in San Francisco, wants to start his own restaurant. He surveys the market, finds a suitable location, and calculates how much money he will need to lease the building and purchase the necessary equipment and supplies. Henry visits his banker and requests a loan. The money Henry will receive from the loan and the resources he will purchase with it are known as a) collateral. Ob) stock. c) profit. d) capital. e) revenue
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