Question: Time left 0 : 0 4 : 4 According to the pecking - order theory, a firm's leverage ratio is determined by: a . the

Time left 0:04:4
According to the pecking-order theory, a firm's leverage ratio is determined by:
a. the frnm's financing needs.
a. the profinability of the firm.
c the market rate of interest.
?d equating the tax berwift of detit to the financial distress costs of debt.
Time left 0 : 0 4 : 4 According to the pecking -

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