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Diba123 Diba123
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3 years ago
A new restaurant operation will cost $1 million to open. The operation's owner has $400,000 in personal funds that will be used for the project but must borrow an additional $600,000. If the additional money is borrowed, what percentage of this project will be equity funded?

▸ 10%

▸ 40%

▸ 60%

▸ 100%
Textbook 
The Professional Restaurant Manager

The Professional Restaurant Manager


Edition: 1st
Authors:
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jp2189jp2189
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#1
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3 years ago
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