1 define leverage as it is used in finance2 define and give, Ask an Expert

Finance

1. Define leverage as it is used in finance.

2. Define and give examples of the following:
a. Fixed costs
b. Variable costs

3. Define the following:
a. Operating leverage
b. Financial leverage

4. How is a firm's degree of combined leverage (DCL) related to its degrees of operating and financial leverage?

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M92090562

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