Why a company might prefer to take on long-term debt
Question 1: Give two reasons why a company might prefer to take on long-term debt rather than issue more shares.
Question 2: Give two reasons why a company might prefer to issue more shares rather than take on long-term debt.
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Pongo has come to you for advice and would like to know what obligation the organizers of the event had in this regard.
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Can the tour company make these last minute changes? Did they have an obligation to provide this information to Pongo?
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Give two reasons why a company might prefer to take on long-term debt rather than issue more shares.
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