Given that companies issuing loans and debentures will be obliged to meet interest payments when they fall

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Given that companies issuing loans and debentures will be obliged to meet interest payments when they fall due, why do companies not just issue share capital rant and avoid this obligation?

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Accounting A Smart Approach

ISBN: 9780199674916

2nd Edition

Authors: Mary Carey, Jane Towers-Clark, Cathy Knowles

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