Which of the following is not true for a highly geared company? The company is...
60.1K
Verified Solution
Link Copied!
Question
Accounting
Which of the following is not true for a highly geared company? The company is not as risky as a low-geared company. Falls in interest rates are more beneficial to shareholders than they would be for a low-geared company. Returns are affected more by increases in interest rates than are those of a low-geared company. The company is vulnerable to decreases in the profit margin
Answer & Explanation
Solved by verified expert
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!