Question: Identify the statement that is incorrect. Multiple Choice Higher financial leverage involves higher risk. Risk is higher if a company has more liabilities. Risk is

Identify the statement that is incorrect.
Multiple Choice
Higher financial leverage involves higher risk.
Risk is higher if a company has more liabilities.
Risk is higher if a company has more assets.
The debt ratio is one measure of financial risk.
Lower financial leverage involves lower risk.
Identify the statement that is incorrect. Multiple Choice Higher financial leverage

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