Choose all that apply. Which of the following would be considered good reasons for a business to borrow money? Responses 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 pay off the owners home mortgage. To pay off the owners home mortgage. To purchase assets.

Answer 1

The following options would be considered good reasons for a business to borrow money:

1. To repay information sources of funds used before.
2. To purchase assets.

Borrowing money for these purposes can help a business manage its financial obligations or invest in growth, which may generate future income. The other options—buying back equity in the company and paying off the owner's home mortgage—are generally not considered good business reasons for taking on debt, as they do not directly contribute to the business's operational needs or growth potential.