Multiple Choice
In the context of financial controls, which of the following best describes leverage?
A) It is the ability to operate at minimum cost.
B) It is the ability to earn revenues greater than costs.
C) It is the ability to earn more in returns than the cost of debt.
D) It is the ability to meet short-term obligations.
E) It is the ability to generate cash to pay bills.
Correct Answer:

Verified
Correct Answer:
Verified
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