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Title: Which of the following statements about debt is TRUE?
Post by: Diamondlove on Apr 26, 2021
Which of the following statements about debt is TRUE?

▸ Increasing debt increases the firm's flexibility.

▸ As debt increases, distress costs decrease.

▸ Using debt causes a loss of ownership by the firm.

▸ Using debt allows the firm to earn money using someone else's money.

▸ As the level of debt increases, the firm's credit rating begins to matter less.


Title: Which of the following statements about debt is TRUE?
Post by: Shuqin on Apr 26, 2021
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