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8. All of the following are advantages of debt financing, except: A. It's useful for meeting a shortterm deficit in cash flow. B. The term
8. All of the following are advantages of debt financing, except: A. It's useful for meeting a shortterm deficit in cash flow. B. The term of the debt (loan) is generally limited. C. Interest paid is tax deductible
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Financial Accounting IFRS
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
2nd edition
