All else the same, taxes and bankruptcy claims on the cash flows of the firm will tend to increase with decreases in the debt/equity ratio?

Name: All else the same, taxes and bankruptcy claims on the cash flows of the firm will tend to increase with decreases in the debt/equity ratio?
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Question

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Taxes and bankruptcy claims on the cash flows of the firm will tend to increase with decreases in the debt/equity ratio because the firm will have less debt to cover these expenses.

All Else the Same, Taxes and Bankruptcy Claims on the Cash