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Topic: Business
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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