Question: 1. What is leverage and how does it work? What is the main concern about using it? 2. Why do we need the quick ratio

1. What is leverage and how does it work? What is the main concern about using it? 2. Why do we need the quick ratio when we have the current ratio? 3. Why do people view having too much debt as risky? If you were interested in determining whether a company had too much debt, what measure would you use? Why? How much debt do you think would generally be considered too much

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