The Major Advantages of Long-Term Debt Include All the Following

question 42

Multiple Choice

The major advantages of long-term debt include all the following except:

• A)decrease in financial risk
• B)relatively low, explicit after-tax cost
• C)owners are able to maintain control
• D)increased earnings per share through using financial leverage

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Definitions:

Unprotected Sex

Sexual activity without the use of barrier methods of contraception, which increases the risk of sexually transmitted infections and unintended pregnancies.

Adolescent Girls

Female individuals who are in the stage of development between childhood and adulthood, typically between the ages of 10 and 19.

Identity Moratorium

A stage in Erik Erikson’s theory of psychosocial development where individuals are exploring various commitments and are yet to make clear choices about aspects of their identity.

Explored

Investigated or examined for the purpose of discovery and learning more about a subject.