Stanford Marketing Raised $2

question 213

Short Answer

Stanford Marketing raised $2.1 million to launch its new product line. Preferred shareholders contributed $600,000, common shareholders $1 million, and the remainder was borrowed. Express the three sources of funds as a ratio in lowest terms.

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Definitions:

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Homework Assignments

Tasks assigned to students by their teachers to be completed outside of class, serving as practice or review of the subject matter.

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A strong excitement or eagerness for something.

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