Question
What is a major advantage of issuing long-term debt? A Increased financial flexibility B The reduction in profit before tax C Decreased financial risk D
What is a major advantage of issuing long-term debt?
A Increased financial flexibility
B The reduction in profit before tax
C Decreased financial risk
D The reduction of shareholders control over the company
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Short Term Financial Management
Authors: John Zietlow, Matthew Hill, Terry Maness
5th Edition
1516512405, 9781516512409
