Companies have two quick ways to raise capital for growth: they can sell stock (Equity)...
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Accounting
Companies have two quick ways to raise capital for growth: they can sell stock (Equity) or they can borrow (debt, like bonds or mortgages). Each of these methods carries some "pros" and "cons" - what is the advantages and disadvantages of raising capital through borrowing (debt). Explain (in two or three sentences) the advantages and disadvantages, citing at least one advantage and at least one disadvantage, of borrowing. Explain WHY something is an advantage or WHY it is a disadvantage. Please give more than a one-sentence response. Leave a comment by 10/25/20. After 10/25/20, come back and review the post and comment (in a positive manner!) on TWO of your classmate's posts. Leave your follow-up comments by 11/01/20. You are reminded to observe the rules of Netiquette.
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