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
D .D) Leverage is directly related to the debt ratio. The higher the debt ratio, the higher the leverage.
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Answer the following statement true (T) or false (F)
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What will be an ideal response?
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Indicate whether the statement is true or false.
When Proctor & Gamble removed potentially dangerous dyes and chemicals from its Tide detergent product and introduced Tide Free they were making a _____.
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