Question: Debt making implies that ______. Choose the correct answer. a. a company sells equity and buys back its debt. b. issues short term notes and
Debt making implies that ______. Choose the correct answer.
a. a company sells equity and buys back its debt.
b. issues short term notes and rolls them over.
c. a company engages in a short term transaction to reduce the debt on its books at the end of a reporting period only to reverse that transaction and borrow back the money after the close.
d. a company converts its debt into equity.
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