In most countries, firms in high-tech industries are almost all intangible asset-rich rather than fixed asset- rich.

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In most countries, firms in high-tech industries are almost all intangible asset-rich rather than fixed asset- rich. What effect do you think the continued growth of these industries will have on average leverage ratios in the future?

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Introduction to Corporate Finance

ISBN: 978-0324657937

2nd edition

Authors: Scott B. Smart, William L Megginson

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Question Posted: May 13, 2015 05:59 AM

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In most countries, firms in high-tech industries are almost all intangible asset-rich rather than fixed asset- rich.

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High tech companies are young risky and high growth These are the types of ...View the full answer

Introduction to Corporate Finance

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