Studies show systematic differences in capital structures across industries. These are due mostly to differences in __________.
A. accounting practices.
B. the firm’s inventory turnover ratio.
C. the ability of assets to support borrowing.
D. management’s attitude toward what other industries are doing.
A. accounting practices.
B. the firm’s inventory turnover ratio.
C. the ability of assets to support borrowing.
D. management’s attitude toward what other industries are doing.
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