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141. Which of the following statements is true? A. U.S non- financial firms tend to use more debt than equity financing B. Bondholders are generally
141. Which of the following statements is true?
A. U.S non- financial firms tend to use more debt than equity financing
B. Bondholders are generally granted voting rights equal to those of common shareholders .
C. Debt increased the possibility of financial distress
D. Payments of both interest and dividends are tax deductible as business expenses
E. Unpaid common stock dividends can force a firm into liquidation
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