To start a business delivering documents, you need to purchase cell phones, bicycles, and desks.
A)These purchases are called capital investment.Raising the funds to purchase them makes you a borrower.
B)These purchases are called capital investment.Raising the funds to purchase them makes you a saver.
C)These purchases are called consumption.Raising the funds to purchase them makes you a saver.
D)These purchases are called consumption.Raising the funds to purchase them makes you a borrower.

Question

Quizplus · Accepted Answer

These purchases are capital investments because they are for assets that will be used in the business to generate income. Raising funds to purchase them means you need to borrow money or use existing funds, making you a borrower.

To Start a Business Delivering Documents, You Need to Purchase