Question
Which of the following statements is correct? The packing order theory implies that there is an optimal capital structure for each firm. The trade-off theory
Which of the following statements is correct?
The packing order theory implies that there is an optimal capital structure for each firm.
The trade-off theory suggests that firms tend to use safe capital first.
The trade-off theory implies that cash reserve is valuable for a firm.
The packing order theory implies that profitable firms use less debt since they have more internal capital.
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Personal Finance For Dummies
Authors: Eric Tyson
9th Edition
1119517893, 978-1119517894
