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With the inclusion of taxes, MM I is incorrect and the capital structure of the firm can be important due to:
Commanding People
The act of directing or controlling individuals or groups with authority, often without discussion or input from those being commanded.
Implementing Policies
The process of putting plans, guidelines, or rules into effect to achieve desired outcomes.
Valuing People
Recognizing and appreciating the worth, capabilities, contributions, and potential of individuals within an organization or society.
Problem-Solving
The process of finding solutions to difficult or complex issues.
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