Question
Which of the following statements about debt is false? I. Interest payments reduce the scope for waste by management II. Debt creates the possibility of
Which of the following statements about debt is false? I. Interest payments reduce the scope for waste by management II. Debt creates the possibility of bankruptcy III. Debt increases the tendency of shareholders to take gambles IV. Debt reduces the cash flows that go to government
A. I
B. II
C. III
D. IV
E .None of the statements are false.
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Business Forecasting
Authors: John E. Hanke, Dean Wichern
9th edition
132301202, 978-0132301206
