原创力文档ppt课件-c h a p t e r12 capital structureand leverage- u n t（c h p t e r12资本structureand杠杆- u n t）.pptVIP
- 9
- 0
- 约 30页
- 2017-01-25 发布于四川
- 举报
* 12-* 12-* CHAPTER 14 Capital Structure and Leverage Leverage and risk Optimal capital structure Compare profit, return and risk for leverage and un-leveraged firms Leverage and stock price maximization Sequence of recapitalization Leverage and cost of debt Leverage and cost of equity Leverage and EPS Maximize stock price and minimize WACC Uncertainty about future operating income (EBIT),? What is business risk? Probability EBIT E(EBIT) 0 Low risk High risk What is operating leverage, and how does it affect a firm’s business risk? Operating leverage is the use of fixed costs rather t
您可能关注的文档
- ppt课件-c a f t a- u s textileand cotton trade prospects the china effect（c f t a - u s textileand棉花贸易前景中国效应）.ppt
- ppt课件-c a r b o n f i x a t i o n- the open door web site home page（c r b o n f我x t i o n -开放网站主页）.ppt
- ppt课件-c a r i c o m’ s s i n g l e d e v e l o m e n t v i s i o n& t h e e p a‘ the forkinthe（c r i c o m ' s s i n g l e d e v e l o m e n t v is i o n t h e e pforkinthe）.ppt
- ppt课件-c a r e e r s i n c h e m i s t r y- universityofthe west indies（c r e e r s我n c h e m s t r y - universityofthe西印度群岛）.ppt
- ppt课件-c a v100- delta state university（c v100 -δ州立大学）.ppt
- ppt课件-c a c cost effectiveness summary- severn river association inc（c c成本效益总结-塞文河协会有限公司）.ppt
- ppt课件-c a r e p l a n c o n c e p t m a p w o r k s h o p- m c c c（c r e p l c n o n c e p t m p w o r k s h o p - m c c c）.ppt
- ppt课件-c a t c h community dialogue（c t c h社区对话）.ppt
- ppt课件-c h a p t e r i i n t r o d u c t i o n classical theoriesof international trade（c h p t e r我n t u r o d c t i o n古典theoriesof国际贸易）.ppt
- ppt课件-c h a p t e r o n e- solano community college（c h p t e r o n e -索拉诺社区学院）.ppt
文档评论（0）