Question: - What does a financial leverage index greater than one indicate about a firm? a. The successful use of financial leverage b. Return on assets

- What does a financial leverage index greater than one indicate about a firm? a. The successful use of financial leverage b. Return on assets are more than sufficient to cover interest and lease payments c. More debt than equity financing d. An increased level of borrowing e. Operating returns are more than sufficient to cover depreciation and other non-cash charges
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