Question
The Books definition of financial leverage is The use of debt in a firm's capital structure is called financial leverage . The more debt
The Books definition of financial leverage is "The use of debt in a firm's capital structure is calledfinancial leverage. The more debt a firm has (as a percentage of assets), the greater is its degree of financial leverage" p 25.(Ross, 2014)
the name of the book: Ross, S., Westerfield, R., Jordan, B. (01/2013).Essentials of Corporate Finance, 8th Edition.
point out the impact and risk of financial leverage?
Give the reference
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Fundamental Accounting Principles
Authors: John Wild, Ken Shaw, Barbara Chiappett
23rd edition
1259536351, 978-1259536359
