A family company, which had been operating successfully for five generations, continues to maintain a policy of

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A family company, which had been operating successfully for five generations, continues to maintain a policy of raising money only through equity finance and never through debt. Discuss the advantages and disadvantages of adopting this policy. Would you recommend a continuation of this policy?

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Accounting

ISBN: 978-1118608227

9th edition

Authors: Lew Edwards, John Medlin, Keryn Chalmers, Andreas Hellmann, Claire Beattie, Jodie Maxfield, John Hoggett

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