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Company A holds less debt than the industry average, exactly 11%, therefore is under-leverage relative to the industry. Give your advice with reasonings to the

Company A holds less debt than the industry average, exactly 11%, therefore is under-leverage relative to the industry.

Give your advice with reasonings to the WHC executives if they should use more debt to finance their future expansions.

You might want to discuss advantages and disadvantages of using debt financing in your answer.

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