asked 222k views
1 vote
Which group of people would be the most concerned about the ability of a firm to make interest and principal payments?

asked
User Tirpen
by
8.3k points

1 Answer

6 votes

Answer:

The correct answer is creditors.

Step-by-step explanation:

Creditors are the person or institutions that provide credit to the firms or other individuals. They charge interest on that credit. These creditors are concerned about the ability of a firm to make interest and principal payments. They provide funds to the firms on the basis of these abilities.

The firms that do not possess a strong ability to pay back have difficulty in procuring loans.

answered
User Janis Peisenieks
by
8.5k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.