3 ms·
Also not leveraging purchases would be considered financial management malpractice unfortunately and likely result in a hostile takeover of the company or at th
by cudgy 5y ago
Also not leveraging purchases would be considered financial management malpractice unfortunately and likely result in a hostile takeover of the company or at the least a change in management. This is a major reason companies get into trouble with debt during times of increased interest rates; proper unwinding of debt and sale of assets near the top is key when playing with leverage.