A levered firm is one that has ________ outstanding.
A)debt
B)equity
C)preferred stock
D)equity options
E)accounts receivable

Question

Quizplus · Accepted Answer

A levered firm is one that has debt outstanding. This means that the company has taken on debt as a means of financing its operations or growth, which makes it leveraged. The other options, such as equity, preferred stock, equity options, and accounts receivable, are not necessarily indicative of a levered firm.

A Levered Firm Is One That Has ________ Outstanding