Why does the use of financial leverage cause the current ratio to be lower than if no

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Why does the use of financial leverage cause the current ratio to be lower than if no financial leverage was used?

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Financial Accounting Information For Decisions

ISBN: 978-0324672701

6th Edition

Authors: Robert w Ingram, Thomas L Albright

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Question Posted: Jun 20, 2012 06:26 AM

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Why does the use of financial leverage cause the current ratio to be lower than if no

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The use of financial leverage in the capital structure of a firm causes an ad...View the full answer

Financial Accounting Information For Decisions

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