How much is Marty’s deduction for entertainment expenses for 2016?
January 3, 2018
Calculate Joan’s travel expense deduction for the trip, assuming the trip was made in 2015
January 3, 2018

(1) Debt and discipline. A firm whose management does its best to pay a regular and fixed dividend does not need the discipline provided by debt. Do you agree with this opinion? Briefly explain your answer.

Finance Basics

[1] Advantages and disadvantages of debt

(1) Debt and discipline. A firm whose management does its best to pay a regular and fixed dividend does not need the discipline provided by debt. Do you agree with this opinion? Briefly explain your answer.

(2) Debt vs. equity. Debt is cheaper than equity. Therefore the optimal debt ratio is all debt. Do you agree with this opinion? Briefly explain your answer.

 

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