Which of the following would cause a well-run company to become highly leveraged?

Which of the following would cause a well-run company to become highly leveraged?

▸ when the money that the company can earn investing the money that it borrows is significantly greater than the cost of borrowing

▸ when the money that the company can earn investing the money that it borrows is equal to the cost of borrowing

▸ when the money that the company can earn investing the money that it borrows is equal to more than half of the cost of borrowing

▸ when the money that the company can earn investing the money that it borrows is significantly less than the cost of borrowing