Money, Money, Money
Ok, It is Friday night and you need to come up with some gas money. Where, in your home, can you find some money? For what was the money originally intended? SourceIntended
Internal Money Money that is already “laying around” and you don’t have to ask anybody in order to use it. –Profits –Retained Earnings –Depreciation
Ok, so you couldn’t find enough money laying around in order to buy a tank of gas. Who / where can you go outside of the house to get the money you need? SourceIntended
External Money that you have to go “outside” of the company to find. –Loans –Trade Credit –Bonds –Stocks