The president of a plastics company was quoted in a business journal as stating, We havent had

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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?

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Managerial Accounting

ISBN: 9780072834949

11th Edition

Authors: Ray Garrison, Eric Noreen, Peter Brewer

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