An advantage to a company of high gearing is: a. The company can rely on internal funding
Question:
An advantage to a company of high gearing is:
a. The company can rely on internal funding for expansion
b. High interest payments
c. Lower risk of liquidation
d. Prospect of high profits from using borrowed money for expansion
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Question Posted: