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define leverage? explain its types, relative significance
and their features?
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Answer Posted / tanesha mishra
leverage is used to describe the firm's ability to use
fixed cost assets to increase the return to its owners.It
is a tool for measuring Buisness Risk,Financial Risk and
Overall Risk
types of leverages are operating leverage,financial risk
and combined leverage.
| Is This Answer Correct ? | 28 Yes | 5 No |
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