Examlex
Which of the following equations is incorrect?
Capital Structure
The mix of different forms of external financing used by a company, including debt, equity, and hybrid securities.
Tax Shield
The decrease in income tax liability achieved by subtracting permissible deductions like mortgage interest or depreciation from one's taxable income.
Capital Structure
The assortment of loans and equity a firm leverages to finance its daily workings and growth aspirations.
Legal Obligation
A duty enforced by law that requires an entity or individual to perform or refrain from certain actions.
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