Which one of the following business decisions will most likely require financial information?
A)The National Bank is reviewing the loan application from Petra's Restaurant.
B)Petra's Restaurant is attempting to sell its stock to the public.
C)The labor union representing Winn's Fitness Spa employees is negotiating a pay raise as part of a new labor agreement.
D)All of these choices

Question

Quizplus · Accepted Answer

All of these choices involve financial information. The National Bank needs financial information to assess the creditworthiness of Petra's Restaurant. Petra's Restaurant requires financial information to determine its valuation and share price for public stock offering. The labor union at Winn's Fitness Spa needs financial information to negotiate pay raises effectively, ensuring the business can afford the proposed wages.

Which One of the Following Business Decisions Will Most Likely