What May Appear to Be a Major Technical Innovation May

question 12

True/False

What may appear to be a major technical innovation may also be devastating to organizational culture.

---

Definitions:

Interest Tax Shield

Deducting interest expenses on debt from taxable income leads to a reduction in income tax liability.

Capital Structure

The mix of a company's long-term debt, specific short-term debt, common equity, and preferred equity which constitute its funding.

Corporate Tax Rate

The percentage of a corporation's profits that is handed over to the government as tax.