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Business, 29.09.2020 14:01 lauralimon

Alistair is a proprietor of a small business. He approaches the bank for credit, but realizes that the interest rate has increased. What does Alistair accountant advise him. Alistair's accountant advises him against his decision of taking credit, as the (loan, interest, liability?) expenses of the business will increase. This would result in a reduction of ( interest, loss, profit?) for the business.

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