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  3. Study Set
    Fundamental Accounting Principles Study Set 1
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    Exam 17: Analysis of Financial Statements
  5. Question
    The Use of Debt Is Sometimes Described as Financial Leverage
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The Use of Debt Is Sometimes Described as Financial Leverage

Question 19

Question 19

True/False

The use of debt is sometimes described as financial leverage because debt can have the effect of increasing the return on equity.

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