Question: How is financial leverage defined? Financial leverage is the extent to which a firm's market value exceeds its book value. Financial leverage is the relationship
How is financial leverage defined?
Financial leverage is the extent to which a firm's market value exceeds its book value.
Financial leverage is the relationship between equity and current liabilities.
Financial leverage is the extent to which debt securities are used by a firm.
Financial leverage is the relationship between current assets and current liabilities.
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