An increase in the ____________ is likely to encourage a - 1656

Solution Posted by
Solution Detail
Price: $1.25
  • From: ,
  • Posted on: Tue 13 Mar, 2012
  • Request id: None
  • Purchased: 0 time(s)
  • Average Rating: No rating
Request Description

An increase in the ____________ is likely to encourage a corporation to increase its debt ratio.

          a.   corporate tax rate

          b.   personal tax rate

          c.   company’s degree of operating leverage

          d.   expected cost of bankruptcy

Solution Description

An increase in the ____________ is likely to encourage a corporation to increase its debt ratio.