Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What does leverage refer to?

leverage refer
0
10 Posted

What does leverage refer to?

0
10

The advantages that may accrue to a business through the use of debt obtained from third persons in lieu of contributed capital. Such debt improves the earnings allocable to contributed capital if the business earns more on each dollar invested than the interest cost of borrowing funds.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123