EVALUATION OF THE EFFECTIVENESS OF THE USE OF BORROWED CAPITAL
One of the main tasks of financial management, along with the coordination of cash flows, the development of the investment budget, is to assess the effectiveness of the use of borrowed capital. When raising borrowed funds, it is necessary to observe the optimal capital structure. In the presence of a high proportion of borrowed funds, the organization may not fulfill its internal and external obligations by increasing the amount of loan servicing. The structure of the capital used by an enterprise determines many aspects not only of financial but also operational and investment activities and has an active impact on the final result of these activities. It affects the return on assets and equity, financial stability and liquidity ratios, forms the ratio of profitability and risk in the development of the enterprise, and therefore, the issues of optimizing the capital structure are becoming more and more relevant.