Question
Mr. David Lawson, the CFO of Excel Inc. plans to increase the company's long term debt from $40,000 to $80,000 by getting a 5 year
Mr. David Lawson, the CFO of Excel Inc. plans to increase the company's long term debt from $40,000 to $80,000 by getting a 5 year loan from bank of America.
1-What type of financial decisions did MR. David take?
a)Capital budgeting decision. (investment decision)
b)Capital structure decision.(financing decision)
c)Working capital management decision
d)Accounting decision
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Mergers, Acquisitions and Other Restructuring Activities
Authors: Donald DePamphilis
8th edition
9780128024539, 128013907, 978-0128013908
