which of the following serves to differentiate debt from equity? a. interest on debt may...

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Accounting

which of the following serves to differentiate debt from equity?

a. interest on debt may be deferred, but dividends are a legal liability and must be paid every year.

b. the maturity date on equity is shorter than the maturity date on debt.

c. interest on debt is tax deductible while dividends to equity investors are not.

d. debt holders are appointed and equity holders are elected by the board of directors.

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