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Debt can be used for making investments to grow a business; and some hospital systems use debt to grow their organizations. Just when you thought

Debt can be used for making investments to grow a business; and some hospital systems use debt to grow their organizations. Just when you thought your communications with the Board had clarified everything, some of the board members have begun to argue that carrying debt would be bad for the system. Based on the concepts examined in Bordonaro (2012), explain for the Boards review -- how much debt is too much debt.

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