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stranahan stranahan
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7 years ago
When earnings are less than the cost of debt, it follows that the more debt, the lower the percentage of earnings available for distribution to shareholders.
A) True
B) False
Textbook 
Financial Management: Core Concepts

Financial Management: Core Concepts


Edition: 2nd
Author:
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FatherHyenaFatherHyena
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7 years ago
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stranahan Author
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#2
7 years ago
Thanks Smiling Face with Open Mouth and Tightly-closed Eyes
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