Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. what is leverage and what are two major types of l

What is leverage and what are two major types of leverage? Define each.

80.2K

Verified Solution

Question

Accounting

What is leverage and what are two major types of leverage?Define each.

Answer & Explanation Solved by verified expert
3.9 Ratings (669 Votes)
Leverage is stated as the borrowing of debt and funds in order to the finance the purchase of equipment inventory and other assets The owner of a company can use either debt or equity to finance assets Use of debt leverage might    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Applebee sells speakers with a 6 month manufacturer’s warranty.At the time of purchase, customers...

Accounting
Q

On a cloudless day, the sunlight that reaches the surface of the Earth has an intensity...

Physics
Q

520/5000 State the hypotheses of the causes of why: of each of the following alternatives. A) automobile (without...

Physics
Q

The Grand Canyon and the Colorado River are beautiful rugged and sometimes dangerous A physician...

Basic Math
Q

10. Lin says that a solution to the equation 2x - 6 = 7x must...

Basic Math
Q

Use a linear approximation (or differentials) to estimate the given number. (Round your answer to...

Calculus
Q

let A 1 x 1 7 x 1 0 x O O O 0 0...

Algebra
Q

Calculate Canada's federal income tax payable before the tax credit, if the income of Mrs....

Accounting
Q

Mutskic Corporation produces and sells Product Beta C. To guard against stock outs, the company...

Accounting
Q

Usted compra un bono de tasa flotante de 9 por ciento, 20 aos, valor nominal...

Accounting
Q

3) Cash Service Revenue Salaries Expense Accounts Payable C Retained Earnings Utilities Expense Accounts Receivable...

Accounting
Q

You are a project manager. You are estimating the cash flows of a potential project...

Finance