Large amounts of high interest debt on a company’s balance sheet signal an ability to take advantage of profitable investment opportunities when they arise because the borrowed funds are available for use by management

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Large amounts of high interest debt on a company’s balance sheet signal an ability to take advantage of profitable investment opportunities when they arise because the borrowed funds are available for use by management

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Answer: False

Large amounts of high interest debt on a company’s balance sheet signal an ability to take advantage of profitable investment opportunities when they arise because the borrowed funds are available for use by management is false

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