Many factors influence how businesses are funded. think about the factors involved in each of the situations below. solve the problems by applying the concepts in the text: where can your firm find financing

1. your company needs a new copy machine quickly. the high-volume, multi-featured model you want cost $3,000, but your small business dosent have that much cash on hand right now and dosent want to borrow at this time.

2. your firm has a large payment that needs to be made by the next week. the company dosent have that cash available at this time. you already have large outstanding loans, so you dont want to go back to the bank. your stockholders dont want you to sell more stock because it would dilute their control. you cant sell bonds by the next week. your inventory is small but your accounts receivable are large. your firms sells everything on 30-days open account, and most of your costumers pay on time.

3. you own a dry cleaning store near an appartment complex. the store attracts a growing number of young patrons who find it convenient to drop off their garments on the way back and forth to work. In fact business is doing so well, your tiny store is starting to feel cramped. Your next door neighbor, a donut shop, has just offered to sell you his business and real state for $100,000. you believe that the location and expansion potential are graet, but you dont have the cash at the moment