Examlex
Which of the following statements is incorrect?
Business Risk
The exposure to uncertainty and potential loss in a company’s operations due to factors like fluctuations in revenue or expenses.
Financial Risk
The possibility of losing money on an investment or business venture, often due to changes in the financial markets or failure to meet debt obligations.
Financial Risk
The possibility of losing money on an investment or business venture, often associated with the potential for financial loss due to market volatility, credit risk, and liquidity risk.
Debt Ratio
A financial ratio that measures the extent of a company's leverage, calculated as total debt divided by total assets.
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