In Regardless of Your Major: Capital Structure Matters to You! on page 484, we learned about the

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In Regardless of Your Major: Capital Structure Matters to You! on page 484, we learned about the dangers of using a high proportion of debt financing faced by both General Motors (GM) and Lehman Brothers. How could the failure of these firms possibly matter to you personally or to your parents?
Capital Structure
Capital structure refers to a company’s outstanding debt and equity. The capital structure is the particular combination of debt and equity used by a finance its overall operations and growth. Capital structure maximizes the market value of a...
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Financial Management Principles and Applications

ISBN: 978-0134417219

13th edition

Authors: Sheridan Titman, Arthur J. Keown, John H. Martin

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