cigarboy wrote:
May be I didn't quite get the language of the question stem.
I chose A because if 11 remaining loans make up for the bulk then the company is less indebted i.e. less in loss.
Why is D correct and A is wrong?
According to me, it is an Assumption question.
Because even if they’ve bought back 13 of the loans, it is nowhere mentioned that there is no possibility of them having leveraged more loans. It is also nowhere mentioned how they paid back the 13, giving room for the possibility that they took more loans to pay off previous ones.
While D talks about it, A shuns it’s possibility.
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Statistics : Posted by slk00 • on 19 Oct 2019, 10:47 • Replies 3 • Views 2981
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