Question: 1. Why is interest charged on borrowed money? What does the interest cover? 2. Which is a better metric for a corporate financial evaluation-EBITAD

1. Why is interest charged on borrowed money? What does the interest cover? 2. Which is a better metric for a corporate financial evaluation-EBITAD or FCF? Why? 3. What is the best indicator of corporate performance of any immediate announcements from the executive? Why?
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
1 Interest is charged on borrowed money as compensation to the lender for the risk taken and the opp... View full answer
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
