The amount of money that a small business owner needs to borrow is the difference between the pro forma assets and ______.

A) projected sales
B) projected expenses
C) owner's equity
D) project liabilities

Pro Forma Assets

Projected assets of a business, listed in a financial statement prepared in anticipation of future events or transactions.

Owner's Equity

The residual interest in the assets of an enterprise after deducting its liabilities, often referred to as net assets.