Positive financial leverage occurs in which of the following situations? Select one: O a. Payment of resources to creditors is limited to the required interest payments while the return of the principal borrowed is not required. O b. The return to the owners is enhanced through the use of debt financing c Interest payments can be deducted for income tax purposes. O d. The company's after-tax return on total assetsis less than the after-tax cost of borrowing No Bonds payable usually are classified on the statement of financial position as which of the following? Select one O a. Long-term (Non-current) liabilities. O b. Current liabilities O c. Investments and funds O d. Current assets Note 4 of 40 Bonds usually are issued to obtain cash for what purpose? Select one O a Acquisitions of long-term assets. b. Meeting working capital needs. c. Purchasing insurance d. Investing in short-term marketable securities Unsure 5. of 40 A bond issue is a form of Select one a Debt financing b. Equity financing c. Collateral O d. Bank loan