GVP8-DB6A : company wants to purchase $100,000 of machine equipment to manufacture their goods for sale. However, their available capital is $40,000. Should they use equity financing and forego 40% ownership or get a loan at 6% interest? Why would you suggest this?
A company wants to purchase $100,000 of machine equipment to manufacture their goods for sale. However, their available capital is $40,000. Should they use equity financing and forego 40% ownership or get a loan at 6% interest? Why would you suggest this?