The major contribution of the Miller model is that it demonstrates that
A. personal taxes decrease the value of using corporate debt.
B. financial distress and agency costs reduce the value of using corporate debt.
C. equity costs increase with financial leverage.
D. debt costs increase with financial leverage.
E. personal taxes increase the value of using corporate debt.
Answer: A
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Answer the following statements true (T) or false (F)
1.It is not necessary to consider one’s beliefs and values when making health-care decisions. 2.Provider insensitivity and consumer satisfaction are correlated. 3.How technology is used in an organization often indicates whether its leaders care for and respect those who work for them. 4.When male coworkers are in need of support or sympathy, they will often talk with other male coworkers first. 5.Collectivist cultures often prefer what is best for the group.
As the usefulness of a plant asset expires,
a. an amount is transferred from one asset account to another. b. a related expense account is reduced. c. a liability is created. d. the cost of the asset is allocated to an expense account.
Elk Company reports a deficit in current E&P of ($200,000) and positive accumulated E&P of $300,000. Elk distributed $200,000 to its sole shareholder, Barney Rubble, on December 31, 20X3. Barney's tax basis in his Elk stock is $75,000. What is the tax treatment of the distribution to Barney, and what is his tax basis in Elk stock after the distribution?
What will be an ideal response?
________ is the dissemination of information to a fairly small, select audience that is defined by its shared values, preferences, or demographic attributes.
Fill in the blank(s) with the appropriate word(s).