Drag each label to the correct location on the image. Carl wants to purchase a local soccer franchise. Classify the sources of finance for this new business.
convertible bond
government
banks
equity
venture capitalist
angel investor
issued a $1,000 security that can be
converted to 100 shares after 5 years
granted tax incentives for stadium
improvements
sanctioned a long-term loan in exchange
for collateral
buy 10% of the company in exchange
for cash
impressed with the business plan
Mr. Doyle provided $75,000
secured $100,000 from the sale of
common stock
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