Assignment 5.3

timer Asked: Dec 29th, 2013

Question description


  1. Research online, by phone, or in person, the different types of borrowing options available to your project business. Consider contacting your financial institution’s finance officer, the local Small Business Association, and/or your company’s finance department to gather data.
  2. Open your course project Microsoft Excel file and rename Sheet 5 to “Borrowing Strategy.”
  3. Determine the borrowing strategy for your company. Record a general statement of the company’s borrowing strategy in the “Borrowing Strategy” worksheet in an easily readable format. Avoid using paragraph format. Excel is more amenable to bullets.
  4. Choose borrowing strategies for your business, and record these strategies in the worksheet “Borrowing Strategy.” Record the information in an easily readable format in this worksheet.
  5. You must use a minimum of three formulas in this worksheet. Consider using the AutoSum button, or any other tip from theExcel Tip file. Avoid using paragraph format. Excel is more amenable to bullets. Consider using a pros and cons list. Make certain to include the source/s of the information provided.
Will provide Excel Spread Sheet - Already in use - for additions to include New tab

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