题目
According to the static trade-off theory:
选项
A.debt should be used only as a last resort.
B.companies have an optimal level of debt.
C.the capital structure decision is irrelevant.
答案
B
解析
B is correct. The static trade-off theory indicates that there is a trade-off between the tax shield from interest on debt and the costs of financial distress, leading to an optimal amount of debt in a company’s capital structure.B是正确的。静态权衡理论表明，在债务利息的税收盾牌和财务困境的成本之间存在一种权衡，导致一个公司的资本结构的最优债务数额。