1. For what purpose do businesses usually use general operating lines of credit?
Funding ongoing, temporary support of current assets
Purchasing or refinancing fixed assets
Purchasing or refinancing commercial property
Funding permanent increases in current assets
2. Is the capital structure that maximizes the value of a firm consistent with the capital structure that minimizes its WACC? Explain
3. How do dividends increase shareholder value?
4. What incentives and disincentives do companies have to report sustainability information?