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Firms A and B are in all points identical with the exception of their choice of sources of financing outside their shareholders' equity.Firm A has one third of its liabilities in the form of long-term loans,one third in the form of overdraft and one third representing accounts payables.Firm B has two third of its liabilities as interest-bearing long-term debt,no overdraft and one third as accounts payable.In the first year of their operations,in a 'normal' interest market,which of the two firms will show the higher profit after interest expenses (before taxes) .
Punisher
A stimulus or event that follows a behavior and decreases the likelihood of that behavior occurring in the future.
Self-Modification
The process through which individuals change their behavior or self-perception through self-determination and personal effort.
Reinforcement
In behavioral psychology, a consequence applied to an organism's environment to increase the likelihood of a behavior being repeated.
Punishing
The act of implementing a consequence in response to an undesired behavior, with the aim of reducing that behavior.
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