Issuing debentures, notes or mortgages are all examples of increasing long term debt True False
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Solution 1
Answer: True
Issuing debentures, notes, or mortgages indeed represents an increase in long-term debt for a company or entity.
- Debentures are long-term securities yielding a fixed rate of interest that are backed only by the reputation of the issuer rather than by physical assets or col Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
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