Taxes payable are NOT a free source of financing since governments always charge interest on outstanding balances.

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Principles of Corporate Finance

ISBN: 978-0077404895

10th Edition

Authors: Richard A. Brealey, Stewart C. Myers, Franklin Allen

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Posted Date: Feb 21, 2020 10:45 PM

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Taxes payable are NOT a free source of financing since governments always charge interest on outstanding balances.

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False Explanation Interest in finance and economics is the payment from a borrower or ... View the full answer

Principles of Corporate Finance

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