Question
The president of a plastics company was quoted in a business journal as stating, We haven't had a dollar of interest paying debt in over
The president of a plastics company was quoted in a business journal as stating, "We haven't had a dollar of interest paying debt in over 10 years.Not many companies can say that."As a stockholder in this company, how would you feel about its policy of not taking on debt?Compare and contrast the pros and cons of not taking on debt.
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Taxation Of Individuals And Business Entities 2015
Authors: Brian Spilker, Benjamin Ayers, John Robinson, Edmund Outslay, Ronald Worsham, John Barrick, Connie Weaver
6th Edition
978-1259206955, 1259206955, 77862368, 978-0077862367
