Which of the following statements is most likely true of a company that relies mainly on equity financing?
A. It has to agree to burdensome covenants to acquire equity funds.
B. It forgoes the opportunity to use financial leverage.
C. It yields the same tax benefits as that of a company that relies only on debt financing.
D. It imposes required payments on stockholders.
Answer: B
You might also like to view...
Once you establish the extent of your fear of failure, which of the following would be a good step to cope with it?
a. deliberately allow yourself to feel the fear b. try to suppress your fear c. try to distract yourself so you don’t feel your fear d. pretend you are fearless
The tendency of people in a team to not work as hard mentally or physically as they would alone is called ________.
A. downward norm setting B. idea production blocking C. conformity D. social loafing
Reports refer to the structured presentation of data using sorting, grouping, filtering, and other operations
Indicate whether the statement is true or false
Effective and frequent communication is crucial for keeping the project moving, identifying potential problems, soliciting suggestions to improve project performance, keeping abreast of customer satisfaction, and avoiding surprises
a. True b. False Indicate whether the statement is true or false