What Is Leverage?
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In short, the term ‘leverage’ is used to describe the ability of a firm to use fixed cost assets or funds to increase the return to its equity shareholders. In other words, leverage is the employment of fixed assets or funds for which a firm has to meet fixed costs or fixed rate of interest obligation—irrespective of the level of activities attained, or the level of operating profit earned.
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Target City : PHOENIX
Last Update : 26 July 2022 8:45 PM
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|Item Owner : Mr. Naraindranath Kumar Damoh|
Contact Phone: 5512258492
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