MM Proposition I with taxes is based on the concept that the: Multiple Choice optimal capital structure is the one that is totally financed with equity. capital structure of the firm does not matter because investors can use homemade leverage. firm is better off with debt based on the weighted average cost of capital. presence of taxes causes debt to be valuable to a firm.

Jake and janelle loved to prepare gourmet meals for friends and family. they started a business of preparing theme-type dinners for friends who were having parties. to generate even more interest in the business, janelle created on her website. she posted pictures of events, and close-ups of the food they served. she encouraged patrons and others to post reviews, comments, and favorite recipes, and to share their own party ideas. her promotion became a dialogue between buyers of her service and the business. interactive promotion infomercials product placement broadcast