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An advantage of issuing common stock to raise cash, rather than debt, is that it does not have to be repaid to the investor. True

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An advantage of issuing common stock to raise cash, rather than debt, is that it does not have to be repaid to the investor. True of false? True False ABC Company has Net Income in 2022 of $1,000,000. The company does not have any preferred stock outstanding. The average Stockholders Equity is $10,000,000. What is the Return on Equity for ABC? Submit your answer without a \% sign. ABC Company repurchases some of its outstanding stock for $25. This stock is called Treasury Stock and if the company declares and pays a cash dividend the Treasury Stock must receive their portion of the dividend. True or false? True False Two advantages of raising cash by debt rather than issuing sock are, interest paid on the debt is tax deductible and there is no change in stockholder control. True False

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