Examlex
Which of the following classifications of ratios measures the degree and effect of the firm's use of borrowed funds to finance its operations?
WACC
Weighted Average Cost of Capital; a method for assessing a firm's capital costs by applying proportional weights to each kind of capital.
Credit Rating
An evaluation of the creditworthiness of an individual or corporation, often expressed as a grade or score, that reflects the likelihood of the entity defaulting on its debts.
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