Answered: What does 'leverage' in finance…

What does 'leverage' in finance primarily refer to?a) Efficiency in operationsb) Use of fixed assetsc) Use of debt to increase returnsd) Growth in revenue No ai

Entrepreneurial Finance

6th Edition

ISBN:9781337635653

Author:Leach

Publisher:Leach

Chapter3: Organizing And Financing A New Venture

Section3.5: Seed, Startup, And First-round Financing Sources

Problem 1CC

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Question

What does 'leverage' in finance primarily refer to?
a) Efficiency in operations
b) Use of fixed assets
c) Use of debt to increase returns
d) Growth in revenue

No ai

Definition Definition Structural system an enterprise uses to collect, store, report, retrieve, and process financial data. Accounting information systems are used by business analysts, auditors, accountants, and consultants for accurate and efficient access to financial data.

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