Which of the these is the best reason for a business to use credit?

Responses

paying off other past debts

upgrading working computers for all employees

repairing damage to a building immediately after a hurricane

providing all employees with a Christmas bonus to boost moral

1 answer

The best reason for a business to use credit among the options provided is repairing damage to a building immediately after a hurricane.

This is because securing a facility is often time-sensitive and critical for the safety of employees and the continuation of business operations. Using credit allows the business to address urgent repairs without depleting cash reserves, thereby ensuring that the business can resume normal operations as quickly as possible.

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