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The junior accounting team has assembled a Financing Report that (a) offers three options for securing the additional funds required to meet the new order;
The junior accounting team has assembled a Financing Report that (a) offers three options for securing the additional funds required to meet the new order; and (b) details the criteria Shaun, the owner of SunsTruck, would like you to consider when choosing one of the three options. Based on this report:
Identify which financing option you think is the best option for SunsTruck to pursue given Shauns constraints. Underline your selection:
Option 1: Equity
Option 2: Debt
Option 3: Debt + Self-Financing
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