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Which of the statements below is FALSE? O A. Financial leverage is the degree to which a firm or individual utilizes borrowed money to make

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Which of the statements below is FALSE? O A. Financial leverage is the degree to which a firm or individual utilizes borrowed money to make money OB. Assume that the more debt the company has sold, the better off the shareholders are. This is the case where the earnings reflect a return greater than the cost of debt. Oc. When a company performs well, it can handle more debt and benefit the owners. OD. Borrowing from debt lenders at one rate and investing the money in the business and making a higher rate is bad for the owners

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