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Assume that a business has the following totals on its balance sheet: Assets = $100,000 Liabilities - $40.000 This business now borrows $50,000 from the

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Assume that a business has the following totals on its balance sheet: Assets = $100,000 Liabilities - $40.000 This business now borrows $50,000 from the bank. Discussion Questions: 1. How will the totals for assets and liabilities be affected by the loan? Explain. 2. Is the borrowing a good idea for the business? Why or why not? 3. How might the business use the $50,000? 4. What other information would be useful to have before deciding to take out the loan

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