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Imagine you are finance manager of a partnership firm, you prefer debt more than equity for raising money. Why? What is the advantage?

Accounting Financials Finance
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Question added by Jerry Easow Thomas , General Accountant , Masar Medical
Date Posted: 2014/07/12
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Mubashar Majeed
by Mubashar Majeed , Lecturer , School of Advance business and commerce (SABAC)

it is called leverage, many advantages like tax reduce, high return, high earning per share etc 

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