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ejones3535 ejones3535
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5 years ago
Which of the following statements is true for leverage?
A) asset turnover ratio measures financial leverage
B) leverage always increases profitability
C) leverage is shown in proportion of total assets relative to total equity
D) the higher the debt to equity ratio, the higher the leverage
Textbook 
Horngren's Accounting

Horngren's Accounting


Edition: 11th
Authors:
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bkrandybkrandy
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5 years ago
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ejones3535 Author
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#2
5 years ago
Thanks for your help!
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