Obtain current and past financial statements for a firm of


Question: Obtain current and past financial statements for a firm of your choice. Critically evaluate the policies regarding capital structure pursued by that firm. Do the trade-offs between risk and expected return, between benefits of tax savings and risks of financial distress, appear to have been resolved in an optimal manner? How does the firm's capital structure deviate from industry norms and from those of its main competitors? Can you explain any deviations?

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Finance Basics: Obtain current and past financial statements for a firm of
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