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Home Q & A Board Other Fields Homework Help Business Accounting
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bmh12e bmh12e
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A year ago
Debt is not a free resource because

▸ companies must restrict cash flow until the debt is repaid.

▸ the use of debt funds is restricted as designated by the debt instrument.

▸ companies do not pay interest on the borrowings.

▸ companies must pay interest on the borrowings.
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Managerial Accounting

Managerial Accounting


Edition: 4th
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latoya86latoya86
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A year ago
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