All of the following are advantages of debt financing

except which one?

A Interest is a tax deductible expense

B It allows for the use of "other people's money" in

financing a business

C It results in loss of ownership control of the

business.

D The cost of debt financing is generally cheaper than

equity financing.

E Owners do not have to share the potential gains of

the business, since debt only requires repayment of

the amount owed.