Across the Disciplines Chapter Why This Chapter …整个学科为什么章本章u2026.pdfVIP

Chapter Across the Disciplines Why This Chapter Matters To You Accounting: You need to understand how to calculate and analyze operating 11 and financial leverage and to be familiar with the tax effects of various capital structures. Information systems: You need to under- Leverage stand the types of capital and what capital structure is, because you will provide much of the information needed in man- and Capital agement’s determination of the best capi- tal structure for the firm. Management: You need to understand Structure leverage so that you can magnify returns for the firm’s owners and to understand capital structure theory so that you can make decisions about the firm’s optimal capital structure. Marketing: You need to understand breakeven analysis, which you will use in LEARNING GOALS pricing and product feasibility decisions. Operations: You need to understand the LG1 Discuss the role of breakeven impact of fixed and variable operating analysis, the operating breakeven costs on the firm’s breakeven point and its point, and the effect of changing costs on it. operating leverage, because these costs will have a major impact on the firm’s risk LG2 Understand operating, financial, and and return. total leverage and the relationships