Management has asked for your opinion about how to finance


Question - Newton Company is privately owned by four individuals. The company sells athletic shoes, clothing, and accessories. An existing piece of equipment that keeps breaking down must be replaced. Management has asked for your opinion about how to finance the cost of this equipment.

What kind of questions would you ask management?

What information would you need to research to make a decision?

Pick one method you might recommend and describe the advantages and disadvantages of this recommendation.

Cite sources according to APA method. No page length requirement.

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Accounting Basics: Management has asked for your opinion about how to finance
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