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drake34 drake34
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Posts: 320
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5 years ago
Financial leverage occurs when a company earns less income on borrowed money than the related interest expense.
Textbook 
Horngren's Accounting

Horngren's Accounting


Edition: 11th
Authors:
Read 49 times
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dianeflunderdianeflunder
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5 years ago
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drake34 Author
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5 years ago
Ready for finals now Monkey
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5 years ago
Good luck my friend!
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