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Which of the following are characteristics of companies in decline? I. Stagnant or declining revenues and/or shrinking margins II. Asset Divestitures III. Big Payouts IV.

  1. Which of the following are characteristics of companies in decline?

    I. Stagnant or declining revenues and/or shrinking margins

    II. Asset Divestitures

    III. Big Payouts

    IV. Debt overhang

    I and II only

    I and III only

    I, II and III only

    I, II, III and IV

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