Examlex
Sometimes physicians make an incision during childbirth to enlarge the vaginal opening. Such a procedure is called:
Fixed-cost Financing
Refers to the method of raising capital where the company incurs fixed financial charges, such as interest on bonds or dividends on preferred stock, regardless of its financial performance.
Financial Leverage
A strategy involving the use of borrowed money to increase the potential return of an investment.
Operating Leverage
The use of fixed as opposed to variable cost in a firm’s cost structure.
Combined Leverage
Refers to the use of both operating and financial leverage by a company to assess the potential impact on earnings due to changes in sales.
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