ne money he wants to, therefore, any additional credit doesn't have any value. Please explain...

90.2K

Verified Solution

Question

Accounting

ne money he wants to, therefore, any additional credit doesn't have any value. Please explain to him why it does. Unused credit (credit reserves) has no value because it isn't being used for investments

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students