Although the Use of Debt Provides Tax Benefits to the fiRm

question 20

Multiple Choice

Although the use of debt provides tax benefits to the firm, debt also puts pressure on the firms to:

• A)meet interest and principal payments which, if not met, can put the company into financial
• Distress.
• B)make dividend payments which if not met can put the company into financial distress.
• C)meet both interest and dividend payments which when met increase the firm cash flow.
• D)meet increased tax payments thereby increasing firm value.
• E)None of the above.

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Definitions:

Female Leaders

Women who hold positions of authority and responsibility in guiding, directing, or managing others.

Leadership Categorization Theory

A theory that suggests people evaluate leaders based on how closely their behaviors and traits match prototypes of leadership.

Perceived Characteristics

Attributes or qualities that are believed or seen to exist in something or someone.

Leader Behaviours

Actions and attitudes exhibited by leaders that influence their team's performance and morale.