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If a business is buying an operational asset, it can either borrow money from a bank or take cash out of the cash account to
If a business is buying an operational asset, it can either borrow money from a bank or take cash out of the cash account to fund the purchase. When is it appropriate for a business to pay for the asset with cash versus when should a business consider taking out a loan? Be sure to give examples of the type of assets that are being purchased and the amounts you would be spending on these purchases in your discussion
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