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19 October, 04:45

How do debt and self financing affect the financial statement

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  1. 19 October, 05:18
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    Debt in any form worsens the financial position of the company as it is money that the company does not really have and will eventually have to be repaid. if self financing is the same as introducing capital then this would improve the financial standing of the company as this money does not have to be repaid but is the company's to use
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