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Debt can add value through the debt tax shields but too much of debt can destroy value through the cost of financial distress. True or
Debt can add value through the debt tax shields but too much of debt can destroy value through the cost of financial distress. True or False? From the competitive perspective, it is always better to align your financial policy with the financial policies employed by your peer firms. True or False? The internal analysis of a firms credit policy is concerned with _________________ .
The preservation of the firms financial flexibility. | ||
All of the above. | ||
The sustainability of the firms financial policies. | ||
The feasibility of the firms strategic goals. |
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