Choose all that apply. Which of the following would be considered good reasons for a business to borrow money?

Question

Responses

To pay off the owners home mortgage.
To pay off the owners home mortgage.

To buy back equity in the company.
To buy back equity in the company.

To repay information sources of funds used before.
To repay information sources of funds used before.

To purchase assets.

Answer 1

To purchase assets.