Why is the following statement true? Other things being the same, firms with relatively stable sales are

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Why is the following statement true? Other things being the same, firms with relatively stable sales are able to carry relatively high debt ratios.

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Corporate Finance A Focused Approach

ISBN: 978-1439078082

4th Edition

Authors: Michael C. Ehrhardt, Eugene F. Brigham

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Question Posted: Sep 22, 2011 05:08 PM

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Why is the following statement true? Other things being the same, firms with relatively stable sales are

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If sales tend to fluctuate widely then cash flows and the ability to service fixed c...View the full answer

Corporate Finance A Focused Approach

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