Evaluate the Determinant $\left| \begin{array} { r r } 1 & 1 \\ - 6 & - 4 \end{array} \right|$

question 2

Multiple Choice

Evaluate the determinant.
- $\left| \begin{array} { r r } 1 & 1 \\ - 6 & - 4 \end{array} \right|$

• A) 2
• B) \(- 10\)
• C) \(- 2\)
• D) \(- 23\)

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Definitions:

Financial Leverage

Financial leverage refers to the use of borrowed money (debt) to finance the acquisition of assets, with the expectation that the income or capital gain from the assets will exceed the cost of borrowing.