Explain why it's difficult to finance a new business by using a large amount of debt. What

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Explain why it's difficult to finance a new business by using a large amount of debt. What concerns would a lender have if they were asked to provide a loan that would represent 90 percent of the company's financing?

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Financial Accounting A Critical Approach

ISBN: 978-1259066528

4th edition

Authors: John Friedlan

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Question Posted: Feb 26, 2015 11:53 AM

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Explain why it's difficult to finance a new business by using a large amount of debt. What

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Financing a new business with a high proportion of debt is difficult because lenders might be reluct...View the full answer

Financial Accounting A Critical Approach

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