Interest on debt-capital provides a _______ to the equity holders

The overall cost of capital is used as the minimum acceptable return on

The required rate of return for an investment project should

_____ approach prove that the cost of capital is not affected by changes in the capital structure

In_____ approach the debt-equity mix is irrelevant in determination of cost of capital and the value of a firm.

_____ approach is based upon certain unrealistic assumptions such a perfect market, or the expected earnings of all the firms have identical risk etc.,

. The difference between current assets and current liabilities of the business concern is termed as ____________

________ refers to the amount of funds invested in various components of current assets. It consists of raw materials, work in progress, debtors, finished goods, etc.

. Difference between inflow and outflow of funds is known as ___________

Pay-out ratio denotes that

If the firm is r>k means the earnings must be