The tax deductibility of interest lowers the cost of debt financing, thereby causing the cost of debt financing to be lower than the cost of equity financing

Indicate whether the statement is true or false

TRUE

Business

You might also like to view...

Nina is a volunteer at an animal shelter who takes home animals that are scheduled to be put down

Even though her act results in her apartment often getting overcrowded and smelly, Nina does this because she considers it ethically wrong to willfully take the life of another living creature. Which of the following theories of ethical thought best explains Nina's behavior? A) act utilitarianism B) consequential theory C) deontology D) rule utilitarianism

Business

Generally, the ________ the credit history, the ________ the credit limit

A) better; lower B) worse; higher C) better; higher D) None of the above.

Business