Question
The greater the degree of financial leverage employed by a firm, the: a. lower the potential for financial distress. b. lower the potential return to
The greater the degree of financial leverage employed by a firm, the:
a. lower the potential for financial distress.
b. lower the potential return to stockholders.
c. lower the probability of bankruptcy.
d. lower the net working capital.
e. greater the level of debt.
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Entrepreneurial Finance Finance For Small Business
Authors: Philip J. Adelman
1st Edition
0138129835, 9780138129835
