Question: Question 9 (1 point) Saved What impact will the amortization of a bond premium have on reported interest expense? No impact Increase Increase or decrease
Question 9 (1 point) Saved What impact will the amortization of a bond premium have on reported interest expense? No impact Increase Increase or decrease depending on the amortized cost Decrease Question 10 (1 point) Which of the following is a disadvantage of using debt financing compared to equity financing? Shareholder control is not affected Income tax savings result Earnings per share and return on equity may be higher The interest on the debt must be paid
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