WITH REGARD TO THE FINANCIAL STRUCTURE OF FOREIGN SUBSIDIARIES A. I...

3. With regard to the financial structure of foreign subsidiaries a. It may be best to conform to the parent firm’s debt-to-equity ratio b. It may be best to conform to the local norm of the country where the subsidiary operates. c. It may be advantageous to vary judiciously to capitalize on opportunities to lower taxes, reduce financing costs and risk, and take advantage fo various market imperfections d. All of the above may be correct.