Explain why the following statement is true: Other things being equal, firms with relatively stable sales are

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Explain why the following statement is true: “Other things being equal, firms with relatively stable sales are able to carry relatively high debt/assets ratios.”

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Principles of Finance

ISBN: 978-1285429649

6th edition

Authors: Scott Besley, Eugene F. Brigham

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Question Posted: Nov 24, 2014 09:25 AM

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Explain why the following statement is true: Other things being equal, firms with relatively stable sales are

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If sales tend to fluctuate widely then cash flows and the ability ...View the full answer

Principles of Finance

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