Question: A firm s _ _ _ _ _ _ _ _ _ _ refers to the amount of additional debt a firm could take on

A firms __________ refers to the amount of additional debt a firm could take on and still make timely payments.
Answer
leverage
debt capacity
debt book
I don't know yet

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!