review each of the following statements to determine which is correct regarding the importance of assessing a company's risk of paying debt. (check all that apply.)

If a company has a lot of debt, they may not be able to afford to take on new debt.
A company's required debt payments may be greater than its ability to generate money to make those payments.
A company that finances their assets by borrowing will need to make enough money to pay off the debt.

What is a company's debt?

As a comprehensive word, it refers to overall indebtedness of a company for its borrowed money whether a current, short-term, long-term as well as accrued and unpaid interest, fees, premiums, prepayment or termination penalties etc.

For this context, the correct statement regarding the importance of assessing a company's risk of paying debt includes when a company has a lot of debt, they may not be able to afford to take on new debt, company's required debt payments may be greater than its ability to generate money to make those payments, company that finances their assets by borrowing will need to make enough money to pay off the debt.

Therefore, the Option A,B,C is correct.

Missing options "If a company has a lot of debt, they may not be able to afford to take on new debt. A company's required debt payments may be greater than its ability to generate money to make those payments. A company that finances their assets by borrowing will need to make enough money to pay off the debt. Assessing a company's risk of paying off debt is not required when the company is highly leveraged.."