The cost of capital of a long-term debt is generally

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.

The surplus of current assets over current liabilities is known as ______

. 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