Small businesses' assets, such as buildings, should be financed with long-term loans.

Name: Small businesses' assets, such as buildings, should be financed with long-term loans.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Small businesses should finance their assets with long-term loans because it provides stability and flexibility in repayment over time, instead of short-term loans that may have higher interest rates and require more frequent payments. This allows businesses to manage their cash flow effectively and invest in future growth.

Small Businesses' Assets, Such as Buildings, Should Be Financed with Long-Term