Explain Beautiful Deleveraging and its pros and cons.
Explain Beautiful Deleveraging and its pros and cons.
Homework Answers
Deleveraging is a term used for reducing one's debt by selling one's assets. The idea to truncate the relative percentage of a business's balance sheet that is funded by its liabilities. It can be attained via two ways; raising cash through business operations and use it to eliminate liabilities or existing stocks can be sold and proceeds can be used to pay off debts.
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