Solution-Which would be an acceptable reason for management

Which would be an acceptable reason for management

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Reference no: EM132795458

Problem 1: Which of the following would be an acceptable, if not desired, reason for management to operate a company on behalf of shareholders in a manner that is less than fully efficient?

a. To avoid the clientele effect
b. To honor certain debt covenants specified in indentures
c. To prevent a leveraged buyout that shareholders would likely approve
d. To maximize certain short-term ratios at the expense of long-term ratios

Reference no: EM132795458

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Which would be an acceptable reason for management

Reference no: EM132795458

Reference no: EM132795458

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