Business in Action
Business in Action
9th Edition
ISBN: 9780135198100
Author: BOVEE
Publisher: PEARSON CO
Question
Chapter 9.1, Problem 1CT
Summary Introduction

To discuss: Whether leverage point in a system is critical.

Leverage:

Leverage is a business strategy of a firm to use of debts as a source to purchase of business assets. Normally the debt is the cheapest source of rising of funds compared to other sources of funds.

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