Discussion: Choosing Financing
The company that you work for is considering opening an additional facility in a nearby city. This is going to be a fairly costly venture, so your department has been asked to research financing options for this expansion. Securing a building will require long-term financing, and purchasing office furniture and a few computers would be accomplished with the help of short-term financing.
o Analyze the pros and cons of purchasing the building using bank financing compared to the pros and cons of renting. Provide a recommendation and explain your rationale. Analyze whether the office furniture should be purchased using the company credit card or whether it should be leased. Provide a recommendation and explain your rationale.
The response should include a reference list. One-inch margins, Using Times New Roman 12 pnt font, double-space and APA style of writing and citations.