Question
Why firms in each industry tend to have similar debt ratios (and/or debt-to-equity)? the risks, related to debt, facing firms when their revenues drop significantly,
Why firms in each industry tend to have similar debt ratios (and/or debt-to-equity)? the risks, related to debt, facing firms when their revenues drop significantly, the type of firms or industries will be at greatest risk due to their debt levels during the current economic reality?
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Multinational Business Finance
Authors: David K. Eiteman, Arthur I. Stonehill, Michael H. Moffett
15th edition
134796551, 134796550, 978-0134796550
