Leverage ratios indicate the extent to which ________ has been used to fund a business's operations.
A) debt
B) equity
C) owner invested capital
D) profit

Name: Leverage ratios indicate the extent to which ________ has been used to fund a business's operations. A) debt B) equity C) owner invested capital D) profit
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Question

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Leverage ratios refer to the degree to which a firm relies on borrowed funds in its operations. Borrowed funds represent debts of the business.

Leverage Ratios Indicate the Extent to Which ________ Has Been