Explain the concept of leverage in finance, and provide an example of how it affects a companys
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Explain the concept of leverage in finance, and provide an example of how it affects a company’s financial statements.
Leverage refers to the use of borrowed funds to increase the potential return on an investment. Leverage can amplify gains but also increases the risk of losses.
Related Book For
Understanding Business Ethics
ISBN: 9781506303239
3rd Edition
Authors: Peter A. Stanwick, Sarah D. Stanwick
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