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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

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