A corporation is looking to take advantage of market conditions and begin expanding as soon as possible. To do so, the company requires cash to purchase new buildings, machinery, and other capital goods. What should the directors keep in mind as they consider the type of funding to pursue?(1 point) Responses Involving a bank will likely make borrowing more expensive. Involving a bank will likely make borrowing more expensive. Banks will likely offer disappointingly low interest rates. Banks will likely offer disappointingly low interest rates. The types of saving accounts a bank offers. The types of saving accounts a bank offers. Changes in the stock market.
It is important for the directors to consider the interest rates and terms associated with borrowing from a bank. They should also think about the potential impact on the company's financial stability and cash flow. Additionally, they should explore alternative funding options such as issuing bonds, seeking venture capital, or utilizing crowdfunding. It is also crucial for the directors to consider the company's current financial situation, risk tolerance, and long-term goals when determining the most suitable type of funding to pursue.
