Leverage is the employment of an asset or source of funds for which the firm has to pay a fixed rate of return. In case of a higher leverage, outside borrowings are higher, therefore, the risk is more and thereby the profits are also more and vice versa
Types of Leverages:
1. Operating Leverage
2. Financial Leverage
3. Combined Leverage
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Types of Leverages:
1. Operating Leverage
2. Financial Leverage
3. Combined Leverage
Download:
http://www.mediafire.com/?otwmzz5ois9tht9