CHAPTER 12 Leverage and Capital Structure 557
Remember to check the book’s Web site at
http://www.aw.com/gitman
for additional resources, including additional Web exercises.
- Which of the companies have high debt/equity ratios?
- Which of the companies have low debt/equity ratios?
- Why do the companies that have a low debt/equity ratio use more equity
even though it is more expensive than debt?