Price and non-price competition, depends what your choices are though
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:
$8,750
Explanation:
The computation of the depreciation expense under the straight-line method is shown below:
= (Original cost - salvage value) ÷ (useful life)
= ($160,000 - $10,000) ÷ (10 years)
= ($150,000) ÷ (10 years)
= $15,000
In this method, the depreciation is same for all the remaining useful life\
Now for the 7 months, the depreciation expense would be
= $15,000 × 7 months÷ 12 months
= $8,750
The 7 months is computed from July 1 to December 31
Answer:
national income is the income received by households less personal taxes,,
