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A strength of laboratory experiments is the absence of reactive measurement effects.
Capital Structure
The mix of debt and equity financing a company uses for its operations and growth.
Optimal Capital Structure
Optimal capital structure is the mix of debt, equity, and other financing sources that minimizes a firm's cost of capital and maximizes shareholder value, balancing risk and return.
Financial Distress
A situation where a company cannot meet or has difficulty paying off its financial obligations to creditors, often leading to bankruptcy or restructuring.
Taxable Income
The amount of income used to calculate how much tax an individual or a company owes to the government.
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