Multiple Choice
Which of the following is not empirically true when formulating capital structure policy?
A) Some firms use no debt.
B) Most corporations have low debt-asset ratios.
C) There are no differences in the capital-structure of different industries.
D) Debt levels across industries vary widely.
E) Debt ratios in most countries are considerably less than 100%.
Correct Answer:
Verified
Correct Answer:
Verified
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