QUESTION 15 A company that is leveraged is one that a. has a strong investment portfolio O b. has a high earnings per share O c. contains equity financing O d. contains debt financing QUESTION 16 Which event describes a non-cash Investing and Financing activity? O a. Payment of a cash dividend. O b. Payment on a Note Payable. O c. Purchase of inventory on account. O d. Issue of Common Stock in exchange for Land