An attractive candidate for acquisition through a leveraged buyout should possess all of the following characteristics EXCEPT
A. a solid profit history and reasonable expectations for growth.
B. low fixed assets.
C. a low level of debt.
D. stable and predictable cash flows.
Answer:B
An attractive candidate for acquisition through a leveraged buyout should possess all of the following characteristics EXCEPT
A. a solid profit history and reasonable expectations for growth. B. low fixed assets. C. a low level of debt. D. stable and predictable cash flows.