NO.PZ2016021706000035
问题如下：
Considering the following statements about capital strcture and leverage, which is least accurate?
选项：
A.Operating leverage increases when the proportion of firm's fixed costs in total costs increases.
B.Capital structure decisions are affected by the corporate tax rate
C.Operating leverage increases with the corporate tax rate.
解释：
C is correct.
The lower the tax rate, the higher the after-tax cost of debt. Thus it may influence the capital structure.
Operating leverage is not affected by the corporate tax rate.
谢谢
