Some people talk about the use of Debt as a source of financing as if it were evil and should be avoided at all costs. Does this make sense to you? Under what conditions does it make sense for a business to use Debt Capital (in lieu of Equity Capital)?
What are the implications for a company's Weighted Average Cost of Capital and Minimum Required Free Cash Flow Return on Assets if the company only uses Equity Capital to finance its Total Assets?
The majority of business owners the Instructor has met do not use any long-term financial planning process for their company. What would you say are the pros and cons of developing and using long-term financial plans for a company?
