please read the the uploaded chapter and in a 2 page paper answer the 3 questions below.
1) Critique this statement: The use of debt financing lowers the net income of the firm, and hence debt financing should be used only as a last resort.
2) Discuss some factors that health services managers must consider when choosing between debt and equity financing. Consider both investor-owned and not-for-profit firms in your answer.
3) What capital components are typically included when estimating a firms corporate cost of capital? Is the corporate cost of capital the same for all firms? Explain your answer.
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