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define leverage? explain its types, relative significance
and their features?
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Answer Posted / kavukuntla vinutha
A company's long term debt in relation to equity in its
capital structure. The larger the long term debt , the
higher the leverage.n there are 3 types of leverages that
are financial leverage and combined leverage and operating
leverage, financial leverage* operating leverage= cobined
leverage.
| Is This Answer Correct ? | 15 Yes | 6 No |
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