Which of the following need to be excluded from the calculation of the firm's amount of permanent debt?
A) Long-term debt
B) Revolving lines of credit
C) Mortgage debt
D) None of the above
Answer: B
Which of the following need to be excluded from the calculation of the firm's amount of permanent debt?
A) Long-term debt
B) Revolving lines of credit
C) Mortgage debt
D) None of the above
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.