Examlex
If treasury shares are sold for less than their cost,the difference is recorded as a loss.
Optimal Level
The most efficient, effective, or desirable point or degree for a specific outcome or condition.
Financial Distress Costs
Expenses incurred by a company when it faces financial difficulties, including bankruptcy costs and the cost of lost opportunities.
Tax Liability
The total amount of tax that an individual, corporation, or other entity is legally obligated to pay to an authority as the result of the occurrence of a taxable event.
Target Capital Structure
The ideal mix of debt, preferred equity, and common equity that a firm aims to achieve to minimize cost of capital.
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