What is a key decision that needs to be made with regards to borrowing money from lenders?
A)the location
B)pro forma income statement
C)how much capital to acquire
D)job descriptions

Question

Quizplus · Accepted Answer

The key decision that needs to be made with regards to borrowing money from lenders is how much capital to acquire. This decision will affect the amount of interest and the repayments that need to be made to the lender, and it is important to ensure that the amount borrowed is within the company's financial capacity to repay. Location and job descriptions are not relevant to borrowing money, and while a pro forma income statement may be useful in determining the amount of capital needed, it is not the key decision that needs to be made.

What Is a Key Decision That Needs to Be Made