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Some people talk about the use of debt as a source of financing as if it were evil and should be avoided at all costs.
Some people talk about the use of debt as a source of financing as if it were evil and should be avoided at all costs. Under what conditions does it make sense for a company to use debt capital (in lieu of Equity capital)? Under what conditions does it not make sense to use Debt capital for a business?
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Contemporary Financial Management Fundamentals
Authors: R. Charles Moyer, James R. McGuigan, Ramesh P. Rao
1st Edition
0324015771, 9780324015775
