Which of the following types of businesses can take on more debt than other types of businesses?
A) Single-product firms
B) Non-cyclical firms
C) Seasonal-product firms
D) Small firms
E) Cyclical firms

Question

Quizplus · Accepted Answer

Non-cyclical firms can take on more debt because their revenues are more stable and less affected by economic downturns, making them more reliable for lenders.

Which of the Following Types of Businesses Can Take on More