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Aunt Dottie s Linen Inc. reported no long - term debt in its most recent balance sheet. A company with no debt on its books

Aunt Dottie

s Linen Inc. reported no long

-

term debt in its most recent balance sheet. A company with no debt on its books is referred to as:

A company with no leverage, or an unleveraged company

A company with leverage, or a leveraged company

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