menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Fundamental Financial Accounting Concepts Study Set 1
  4. Exam
    Exam 10: Accounting for Long-Term Debt
  5. Question
    Which of the Following Is One of the Main Advantages
Solved

Which of the Following Is One of the Main Advantages

Question 99

Question 99

Multiple Choice

Which of the following is one of the main advantages of using long-term debt financing instead of equity financing?


A) Not having to pay back the principal
B) Ability to raise large amounts of capital
C) Tax-deductibility of interest
D) Tax-deductibility of dividends

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q94: On January 1,Year 1,Strang Incorporated issued bonds

Q95: Amortization of a discount on bonds payable

Q96: Which of the following describes the characteristics

Q97: Jacobs Company issued bonds with a $300,000

Q98: The times-interest-earned ratio is calculated by which

Q100: [The following information applies to the questions

Q101: [The following information applies to the questions

Q102: [The following information applies to the questions

Q103: [The following information applies to the questions

Q104: Regardless of the specific type of long-term

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines