simulation analysis has been applied in the study and the impacts of Cost, Revenue, Profit,
Tax Liability and Dividend have been tested. It has been found that capital growth of a firm
does not depend on the profitability factors. However, the factors of the profitability are
important in determination of the liquidity position of a firm. It is interesting that a large
number of studies have measured the effects of capital structure on the profitability, but the …