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Deffense [45]
3 years ago
9

According to Modigliani and Miller (MM), in a world with corporate income taxes, the optimal capital structure calls for approxi

mately 100% debt financing.a. Trueb. False
Business
1 answer:
Strike441 [17]3 years ago
4 0

Answer:

True

Explanation:

The Modigliani Miller approach basically aims at the valuation of company, in which with each component of debt present with corporate taxes involved, the cost of business is reduced and that the value is increased.

As according to that when the taxes are present, the the debt component will only increase the return and value of the business.

Thus, it provides for increasing worth of business through debt utilization.

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This type of interest is the most desirable.
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Explanation:

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3 years ago
When the relationship between government and interest groups becomes entangled and tight with some groups having formal governme
Talja [164]

Answer: Neo-Corporatism.

Explanation:

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6 0
3 years ago
During the current year, the Jules Company incurred the following product costs:Direct materials used in production $250,000Dire
ICE Princess25 [194]

Answer:

Option (D) is correct.

Explanation:

Given that,

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