Backstreet Books is seeking financing to fund the opening of two more locations in a major university town. There is no need to consider debt financing for this project. It will require a sizeable investment in equity funds.

Question

Quizplus · Accepted Answer

Debt financing should be considered as an option for funding the project, as it can provide necessary capital without diluting ownership, and the statement does not provide a reason to exclude it.

Backstreet Books Is Seeking Financing to Fund the Opening of Two