Multiple Choice
Sabiha is the small business loan officer at Regional National Bank. It is her job to approve loans for small businesses so that the local economy will grow. One factor she looks at carefully when making loan decisions is the amount of debt the firm already has outstanding. Which of the following financial statements should she look at to find this information?
A) income statement
B) balance sheet
C) statement of cash flows
D) cash budget
Correct Answer:
Verified
Correct Answer:
Verified
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