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Hence, for given leverage, the restriction in interest deductibility can be expressed by a proportional factor (alpha ') that is modulated by the choice of (lambda ).
Profitable companies generate more cash than less profitable firms do for a given leverage level, and they face lower probability of default and lower expected costs of financial distress.
Notice that, as firm values differ with respect to the assumed financing policy, a given leverage ratio of (40%) implies different absolute debt values for the three policies.22 Having derived the firm values (widetilde{V}^{L}_t) allows us to compute the absolute debt amount and the tax shield value (TS_t).
The scale of the New Year's Eve assaults has given leverage to anti-immigration groups, which have long been calling for Germany to toughen its immigration policies.
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Brady suggests Mandela was trying "to give leverage to the IRA's demands".
You're doing exercises that give leverage against your body core, so it's harder than it looks.
Which gives leverage, if not overt power, to those other parties.
When the string is pulled back, the curves straighten to give leverage.
The historical perspective of the counters gives leverage to properly project utilization and plan for appropriate (and timely) scaling.
But it could give leverage to defendants in disputes with essential patent holders that could be used in court.
The augmented model gives leverages equal to the diagonal elements of (13) Leverages with values close to 1.0 indicate severe imbalance in the data.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com