by destroying street racing
They would be indebted to the landowners. They would have to find other ways to pay for the debts or be stuck to the land until it was paid off.
The best way to pay off corporate debt is to pay the high interest credit cards off first. If that does not work a company must consider filing for bankruptcy to escape debt.
a swimming pool is not an investment, you rarely get your money back out of it if you decide to sell your property.
Cost of equity > Cost of debt Reason: When u issue debt, for example in the form of bonds, u have to pay bondholders interest. This interest is tax deductible. On the other hand, when u issue equity, i.e. stocks, u pay dividends. This dividend is taxed as corporate income. Because of the ability of debt to escape taxation vis-a-vis equity, cost of debt is lower than cost of equity. In fact, this is called a debt tax shield.
Because they could not pay to get out of debt. It was not by choice.
They had no choice about continuing to work
They had no choice about continuing to work
They had no choice about continuing to work
They had no choice about continuing to work
They had no choice about continuing to work.
They had no choice about continuing to work.
They had no choice about continuing to work.
They had no choice about continuing to work.
They had no choice about continuing to work
When sharecroppers couldnÃ?t pay their debt, they were often forced to grow crops just for selling, to pay back debt. For instance, they would have to grow cotton, instead of crops that were edible.
They had no choice about continuing to work.