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A firm has determined that it went bankrupt due to a poor financial policy. Which of the following reasons best fits this explanation? The managers

A firm has determined that it went bankrupt due to a poor financial policy. Which of the following reasons best fits this explanation?\ The managers failed to contain operating costs.\ The company did not use its assets as productively as its competitors.\ The company took on too much debt financing and could not pay.\ The company attempted to grow too quickly.

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A firm has determined that it went bankrupt due to a poor financial policy. Which of the following reasons best fits this explanation? The managers failed to contain operating costs. The company did not use its assets as productively as its competitors. The company took on too much debt financing and could not pay. The company attempted to grow too quickly

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