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| Topic: |
Business
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| Number of pages / Number of words: |
14 / 3806 |
Essay's paper body
Although Continental is not heavily geared, being a well-established company for the past 36 years has contributed to its accumulation of substantial capital capable of supporting its debt. Having a reputable standing would also persuade financial institutions to grant it long-term debt.
Another defining characteristic of this organization is that it is highly computerized and has been undergoing a process of mechanization and advancement in its operations for the past few years...
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Having a reputable standing would also persuade financial institutions to grant it long-term debt.
Another defining characteristic of this organization is that it is highly computerized and has been undergoing a process of mechanization and advancement in its operations for the past few years. Such a firm would usually benefit from lower average costs and thereby be in a better position to meet the accompanying interest payments from bond financing...
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