Question
The pecking order theory has all implication except: Answer choices A. Successful firms have more equity B. Profitable firms use less debt C. There is
The pecking order theory has all implication except:
Answer choices
A. Successful firms have more equity
B. Profitable firms use less debt
C. There is no target level of leverage
D. Companies like financial slack
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Financial Management
Authors: Rob Quail, Ricardo J. Rodriguez
2nd Edition
1557868441, 9781557868442
