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of 40 Positive financial leverage occurs in which of the foliowing situations? Select one O a Payment of resources to creditors is limited to the

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of 40 Positive financial leverage occurs in which of the foliowing situations? Select one O a Payment of resources to creditors is limited to the required interest payments while the return of the print borrowed is not required b. The retum to the owners is enhanced through the use of debt financing. c. Interest payments can be deducted for income tax purposes. d. The company's after-tax return on total assetsis less than the after-tax cost of borrowing NE Bure 40 Bonds payable usually are classified on the statement of financial position as which of the following? Select one: a Long-term (Non-current) liabilities O b. Current liabilities O c Investments and funds. O d. Current assets Bonds usually are issued to obtain cash for what purpose? Select one: a Acquisitions of long-term assets. Ob Meeting working capital needs. c. Purchasing insurance Od. Investing in short-term marketable securities

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