High financial leverage has the effect of: Group of answer choices Reducing both the firm's risk and its potential profits. Only increasing the firm's potential profits. Increasing both the firm's risk

My account
Edit my Profile
Private messages
My favorites

Ask a Question
Questions
Unanswered
Tags
Categories
Ask a Question

asked May 5, 2022 112k views

3 votes

High financial leverage has the effect of: Group of answer choices Reducing both the firm's risk and its potential profits. Only increasing the firm's potential profits. Increasing both the firm's risk and its potential profits. None of these answers is correct. Only increasing the firm's risk.