32 If a company has much more borrowed capital than equity capital, which of the following statements

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32 If a company has much more borrowed capital than equity capital, which of the following statements is always true?

(a) If interest rates rise, the company will have to close

(b) The company will expand faster than a company with no borrowings

(c) The company is said to be highly geared

(d) The company is said to be low geared

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Accounting And Finance For Business

ISBN: 9780273773948

1st Edition

Authors: Geoff Black, Mahmoud Al-Kilani

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Question Posted: Jul 02, 2024 09:04 AM

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32 If a company has much more borrowed capital than equity capital, which of the following statements

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Accounting And Finance For Business

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