InterviewSolution
Saved Bookmarks
| 1. |
What are "leverages" how can it be useful to maximise the shareholders wealth? |
|
Answer» Explanation: The OBJECTIVE of introducing leverage to the CAPITAL is to ACHIEVE maximization of WEALTH of the shareholders. ... In a business, debt (short or long term) is acquired not only on the grounds of 'need for capital' but also taken to enlarge the profits ACCRUING to the shareholders. |
|