Multiple Choice
If Ayanda finances her business with equity rather than debt, her net income could potentially be greater because:
A) equity financing almost always leads to better business performance than debt financing.
B) the terms of equity financing are more stable than the terms of debt financing.
C) equity financing has a positive impact on asset selection.
D) there is no interest expense.
Correct Answer:
Verified
Correct Answer:
Verified
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