Rita is looking to open her own fashion boutique. She has figured out her startup costs and is now in the process of organizing and gathering capital through various​ lenders, whom she plans to repay within 5 years.​ Rita's approach to gathering capital is called​ _____.

Rita is looking to open her own fashion boutique. She has figured out her startup costs and is now in the process of organizing and gathering capital through various​ lenders, whom she plans to repay within 5 years.​ Rita's approach to gathering capital is called​ _____.



A. hedging

B. debt financing

C. zero-based budgeting

D. equity financing

E. short-term financing



Answer: B. debt financing


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Marketing Chapter 18

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