Examlex
On a worksheet for a consolidated entity balance sheet, the elimination entry requires:
MM Model
The Modigliani-Miller theorem, proposing that in perfect markets, the value of a firm is unaffected by its capital structure.
Miller Model
A model formulated by Merton Miller, part of the Modigliani-Miller theorem, which discusses the irrelevance of capital structure for a company's market value under certain assumptions.
Corporate Taxes
Taxes imposed on the income or profit of corporations, varying widely by country and affecting companies' net income.
Business Risk
The possibility a company will have lower than anticipated profits or experience a loss rather than taking a profit.
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