True/False
For firms in industries that offer some degree of stability, are in a positive stage of growth, and are operating in favorable economic condition, the use of debt is not needed or recommended.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q11: Financial leverage deals with<br>A) the relationship of
Q16: Refer to the figure above. The Degree
Q18: The degree of operating leverage may be
Q19: If a firm has the lowest possible
Q20: Refer to the figure above. The Degree
Q21: Which of the following is not true
Q22: The degree of financial leverage is concerned
Q63: The degree of operating leverage is a
Q71: Management should tailor the use of leverage
Q74: Managers who are risk-averse and uncertain about