How many of the following statements about Debt & Interest are True? * Interest is tax...

Question

Question

How many of the following statements about Debt & Interest are True?

* Interest is tax deductible

* does not have to be repaid

* Interest is discretionary

* reduces owners control

Multiple Choice

business accounting

Answer 1

Answer #1

TWO

* Interest is tax deductible

* Interest is discretionary

these two or true

* Interest is tax deductible

* Interest is discretionary

these two or true

Answer 2

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