The MM Theory with taxes implies that firms should issue maximum debt. In practice, this is not true because Bankruptcy is a disadvantage to debt.
The Modigliani-Miller theorem states that a firm's capital structure does not affect its value. The theorem states that market value is determined by the present value of future earnings. This theorem has been influential since it was introduced in the 1950s.
Full market investors can borrow for the same cost as they lend and invest rationally. It is also implied that the process has no transaction costs.
The mm theorem states that a company's capital structure is not a factor in its value. The theorem states that market value is determined by the present value of future earnings. This theorem has been influential since it was introduced in the 1950s.
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Answer: open listing
Explanation:
Open listing refers to the contractual agreement where a listing broker acts as the agent of a seller and a commission is agreed to be paid to the listing broker when the property is sold through the listing broker's efforts.
Therefore, the name of the agreement Jed can use to allow Chico to show the home to his buyer that would allow Chico to earn a commission if the buyer purchases Jed's home is the open listing.
Answer:
Ramon can not become a shareholder.
Explanation:
Ramon is a Mexican citizen and can not become a shareholder because he is not a United States citizen (or permanent resident.)
Answer:
Letter C is correct.<u> Proactive.</u>
Explanation:
In this case, it can be said that Paolo has a proactive personality.
This personality trait is highly valued in the business world. Usually a person with a proactive personality has a very positive business outlook.
They can stand out as entrepreneurs, for being able to anticipate a consumer need and achieve business success. It also has a chance to gain prominence in the corporate environment, due to the effort of planning and executing new tasks and ideas and the possibility of anticipating negative situations and creating opportunities.
medium of exchange, unit of account, and store of value