True/False
José owns a custom motorcycle business. He borrowed $150,000 to set up shop and still owes $100,000. José claims that a true measure of his indebtedness is only $50,000 because he has $50,000 cash on hand that he could use to pay debt in an emergency, thereby making use of the financial measure called net debt.
Correct Answer:
Verified
Correct Answer:
Verified
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