Myron Gordon, Jone Linter, James Walter and Richardson supports

Walter model is based on the relationship between the firms return on investment (r) and ____

If the firms earns a higher rate of return on its investments than the required rate of return (r>k) it is called

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

Pay-out ratio denotes that

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

Net operating income theory is suggested by

n _____ approach a firm can minimize the weighted average cost of capital and increase the value of a firm and market price of equity share by using debt to the maximum

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

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

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