Why are claims on income discretionary with equityfinancing but nondiscretionary with debt financing?
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Why are claims on income discretionary with equity
financing but nondiscretionary with debt financing?
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- Is there a consequence for reported profit or loss if a particular financial instrument, for example, a preference share, is designated as debt rather than equity? Explain the consequence.Which of the following transaction costs will not be included in the pro-forma adjustment to net earnings? Debt refinancing premium Other transaction costs Equity financing fees Amortization of debt financing feesWhen should a debt security be classified as held-tomaturity?
- what are the examples of Items that can be adjusted directly against equity rather than including profit or loss?Which of the following is not a potential source of financial leverage? Group of answer choices Accounts payable. Long-term debt. Interest payable. Common stock.Does net debt ratio provide useful information to the investor? Are the NonGAAP measures, ROCE and ROSE, useful and relevant?