Optimal capital structure and Presentation currency: Difference between pages

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imported>Doug Williamson
(Link with Pecking order theory page.)
 
imported>Doug Williamson
(Classify page.)
 
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1.  
The currency in which financial statements are presented.


The capital structure which results in the lowest Weighted Average Cost of Capital (WACC).


==See also==
* [[Functional currency]]


2.
[[Category:Accounting,_tax_and_regulation]]
 
The most appropriate capital structure taking account of both:
 
 
(i) The immediate cost saving benefits of a low WACC.
 
(ii) The potential flexibility and safety benefits of a more conservative capital structure (with a relatively lower proportion of debt finance).
 
 
== See also ==
* [[Capital structure]]
* [[Modigliani and Miller]]
* [[Pecking order theory]]
* [[Weighted average cost of capital]]
* [[MCT]]
 
[[Category:Corporate_finance]]
[[Category:Long_term_funding]]

Latest revision as of 07:07, 2 July 2022

The currency in which financial statements are presented.


See also