Explain why long-term finance should exceed the amount of a company's long-term assets.

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Accounting A Level And AS Level

ISBN: 9780521539937

1st Edition

Authors: Harold Randall

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Question Posted: Aug 28, 2023 01:37 PM

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Explain why long-term finance should exceed the amount of a company's long-term assets.

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Longterm finance exceeding the amount of a companys longterm assets can be seen as a prudent financial strategy and it relates to concepts of safety a...View the full answer

Accounting A Level And AS Level

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