Which industry characteristic most likely has a positive effect on a companys ability to service debt? A.
Question:
Which industry characteristic most likely has a positive effect on a company’s ability to service debt?
A. Low barriers to entry in the industry
B. High number of suppliers to the industry
C. Broadly dispersed market share among large number of companies in the industry
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The answer is C Broadly dispersed market share among large number of companies in the industry When ...View the full answer
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Aun Ali
I am an Associate Member of Cost and Management Accountants of Pakistan with vast experience in the field of accounting and finance, including more than 17 years of teaching experience at university level. I have been teaching at both undergraduate and post graduate levels. My area of specialization is cost and management accounting but I have taught various subjects related to accounting and finance.
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