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Yep, leveraging debt is considered a financial tool, not a malaise. Corporate accounting is very different than a personal bank account. Even companies with l
by bduerst 8y ago
Yep, leveraging debt is considered a financial tool, not a malaise. Corporate accounting is very different than a personal bank account.
Even companies with large cash reserves will take out loans when the interest rates are less than the internal rate of return of spending that loan. Most people take out loans for personal things, not increasing their own personal rate of return.