3. The cost of debt (interest) is usually considered a business expense and is therefore...
50.1K
Verified Solution
Link Copied!
Question
Finance
3. The cost of debt (interest) is usually considered a business expense and is therefore tax-deductible whereas the cost of equity is considered a distribution of profit and is not tax-deductible
Select one:
a.False
b.True
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!