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Why Are Debt Free Companies Good? - Education - Nairaland

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Why Are Debt Free Companies Good? by JohnyManus: 8:08am On Jul 25, 2022
A debt-free company directly interprets to higher profits because the company is free from any fastened expenses within the kind of interest. Zero debt reflects the strength of the record. it's so a decent sign. Usually, corporations that borrow massive sums of debt want their creditors' approval before taking sure selections. Being debt-free ensures fast higher cognitive process. Also, once the revenue generation of a corporation isn't satisfactory, being debt-free relieves the corporate from the burden of normal interest payments and repayments of principal. So, currently, you recognize. You could also visit this website if you are looking for more information on debt free companies...

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