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  2. Topic
    Business
  3. Study Set
    Intermediate Accounting Reporting and Analysis
  4. Exam
    Exam 14: Financing Liabilities: Bonds and Notes Payable
  5. Question
    What Are Some Advantages and Disadvantages of Issuing Long Term
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What Are Some Advantages and Disadvantages of Issuing Long Term

Question 52

Question 52

Essay

What are some advantages and disadvantages of issuing long term debt?

Correct Answer:

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Advantages:
Tax advantages
Lower cost of...

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