Identify if each of the following represents an advantage of debt, disadvantage of debt, advantage of equity, or disadvantage of equity. (9) Reduces proceeds from the sale of a business due to tax implications Results in dilution of ownership Exposes the entrepreneur to being taken advantage of by sharks Increased complexity due to long-term owners Increased risk during a recession Presence of restrictive covenants + Maintains ownership Does not increase the risk of bankruptcy May require a personal guarantee