By Increasing a Business's Proportion of Debt, Its Financial Leverage

question 39

Short Answer

By increasing a business's proportion of debt, its financial leverage can be _____.

---

Definitions:

Ethical Rule

A guideline or standard that directs moral conduct within a specific profession, especially in law or medicine.

Situations

Circumstances or sets of conditions existing at a certain time and place.

Model Rules

A set of ethical guidelines adopted by some legal associations as a framework for professional conduct.

Confidentiality Rule

A legal or ethical principle that requires individuals or entities to keep certain information secret and not disclose it to unauthorized parties.