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Which of the following statements doesn't describe an advantage inherent in equity financing?
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Which of the following statements doesn't describe an advantage inherent in equity financing?

User Nachodd
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10 votes

Answer:

Key Takeaways

Debt financing involves the borrowing of money whereas equity financing involves selling a portion of equity in the company. The main advantage of equity financing is that there is no obligation to repay the money acquired through it.

Step-by-step explanation:

I hope it helps

User Paddyslacker
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