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Zolol [24]
3 years ago
5

If there are two identical companies, one financed 100% equity and the other 50% equity and 50% debt, which would be worth more

Business
1 answer:
Umnica [9.8K]3 years ago
5 0
The one with 100% equity?
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<h3>What is the Traditional Costing System?</h3>

The traditional costing system is a method applied in accounting that aims at determining the cost of production. One driver is assigned as the basis of allocation.

In the case of Lunker Lures above, the driver that is used as the basis of allocation should be design hours.

Learn more about the Traditional Costing System here:

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