(1) What factors might lead a company to gainadditional funds through debt financing rather thanthrough equity financing? (2) Why does consumerdebt have a more negative connotation than businessdebt?

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter13: Long-term Liabilities
Section: Chapter Questions
Problem 20MC: The difference between equity financing and debt financing is that A. equity financing involves...
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(1) What factors might lead a company to gain
additional funds through debt financing rather than
through equity financing? (2) Why does consumer
debt have a more negative connotation than business
debt?

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