Which of the following is true of debt financing? a) Debt is free of cost....

70.2K

Verified Solution

Question

Accounting

Which of the following is true of debt financing?

a) Debt is free of cost.

b) Debt does not financial leverage.

c) It is mandatory for a company to have debt.

d) Debt brings in risk.

e) Debt always leads to bankruptcy.

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