Get premium membership and access questions with answers, video lessons as well as revision papers.
Got a question or eager to learn? Discover limitless learning on WhatsApp now - Start Now!

Define the following terms Debt, Debt ratio, Leveraged, Highly leveraged

      

Define the following terms
- Debt
- Debt ratio
- Leveraged
- Highly leveraged

  

Answers


Dana
Debt is the amount borrowed from one or more creditors
Debt ratio measures the extent to which a company uses money from creditors to finance its operations as opposed to money from its shareholders
A firm is said to be leveraged if it has debt in its financial structure
A firm that has a high debt ratio is said to be highly leveraged

Dana05 answered the question on July 15, 2019 at 15:03


Next: Give the definition of financial instruments
Previous: What are corporate bonds?

View More Economics Questions and Answers | Return to Questions Index


Learn High School English on YouTube

Related Questions