Answered step by step
Verified Expert Solution
Link Copied!
Question
1 Approved Answer

Bill Gates has said that Microsoft is the quintessential firm that operates on human capital. He once said that if someone developed a better operational

Bill Gates has said that Microsoft is the quintessential firm that operates on "human capital." He once said that if someone developed a better operational system, Microsft would be out of business in 90 days. If indeed the software industry is driven by "brains and ideas" and not by 'plant and equipment' (like automotives), what would the implications of that be on the 'capital' organizational structure of a company and the need for a healthy mix of equity and debt?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image
Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Mathematics Derivatives And Structured Products

Authors: Chan

1st Edition

9811336954, 978-9811336959

More Books

Students explore these related Finance questions

Question

Write a note on Quality circles.

Answered: 3 weeks ago