Over-capitalization results from ____.
A. payment of excessive amount for goodwill.
B. underestimating the rate of capitalization.
C. raising more money than can be profitably used.
D. raising only the money.
Answer:C
Over-capitalization results from ____.
A. payment of excessive amount for goodwill. B. underestimating the rate of capitalization. C. raising more money than can be profitably used. D. raising only the money.