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The financial manager must consider whether debt contributes to or detracts from the firm's operations. In certain industries, such as airlines, very heavy debt utilization
The financial manager must consider whether debt contributes to or detracts from the firm's operations. In certain industries, such as airlines, very heavy debt utilization is a way of life, whereas in other industries (drugs, photographic equipment) reliance is placed on other forms of capital. a. Advantages - list 3 b. Disadvantages - list 3
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Fundamental Accounting Principles
Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta
20th Edition
1259157148, 78110874, 9780077616212, 978-1259157141, 77616219, 978-0078110870
