LLL is looking at issuing bonds as a way of raising cash. One disadvantage of using bonds
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LLL is looking at issuing bonds as a way of raising cash. One disadvantage of using bonds is:
bond interest would be deductible for tax purposes.
the bondholders would not have voting rights.
income to stockholders may increase as a result of the trading on the equity.
both aging method and sales method interest must be paid on a periodic basis regardless of earnings.
Related Book For
Smith and Roberson Business Law
ISBN: 978-0538473637
15th Edition
Authors: Richard A. Mann, Barry S. Roberts
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