Examlex
Match each term with its corresponding definition or description.
-The second process of glucose catabolism; it occurs in the mitochondria and uses oxygen
Operating Leverage
Operating leverage refers to the degree to which a company or project can increase operating income by increasing revenue.
Total Leverage
The combination of operating leverage (affecting operating income) and financial leverage (affecting net income), indicating total risk.
Financial Leverage
The use of borrowed funds to finance the acquisition of assets, with the expectation that the profits made will be greater than the interest payable.
Net Income
The total profit of a company after all expenses and taxes have been subtracted from revenues.
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