Which of the following is an advantage of debt financing?
A. The interest payments a firm makes on debt are up to 30% tax-deductible.
B. A firm using debt financing is not required to make fixed payments.
C. It is less risky than equity financing.
D. It is more flexible than equity financing.
Answer: A
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Indicate whether the statement is true or false
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A) have very high prices compared to competitors B) be advertised only through print and social media C) be advertised more heavily to be noticed in the marketplace D) never be advertised using informative advertising E) be advertised only during the mature stage of the product life cycle
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A. incident B. customer C. status D. problem
Which of the following items would not be classified as either cash or a cash equivalent for purposes of the statement of cash flows?
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