Question
What major factors appear to lead the companies to adopt different capital structures? What insights does this comparison provide to the company in considering capital
Net debt (millions) | Total equity (millions) | Net debt + equity (millions) | % | |
Telstra | 15,263 | 15,275 | 30,538 | 50% |
TPG | 5,508 | 11,718 | 17,226 | 32% |
Spark | 1,313 | 1,503 | 2,816 | 47% |
MAQ | 189 | 136 | 325 | 58% |
Chorus | 2,320 | 948 | 3,268 | 71% |
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Smith and Roberson Business Law
Authors: Richard A. Mann, Barry S. Roberts
15th Edition
1285141903, 1285141903, 9781285141909, 978-0538473637
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