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In the context of financial controls, which of the following best describes leverage? A ) It is the ability to earn revenues greater than costs.
In the context of financial controls, which of the following best describes leverage? A ) It is the ability to earn revenues greater than costs. (B) it is the ability to meet short-term obligations. C It is the ability to operate at minimum cost. D) It is the ability to generate cash to pay bills. E ) It is the ability to earn more in returns than the cost of debt.
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