Post Utme Bowen University 2020 Commerce Question 30

Practice objective / multiple choice question 30 from the 2020 Post Utme Bowen University Commerce examination.

Post Utme Bowen University 2020 Commerce Objective / Multiple Choice
Question 30 POST_UTME_BOWEN_UNIVERSITY • 2020 • COMMERCE • objective

A firm's financial leverage is the use of debt financing to increase the firm's return on equity. Which of the following is a correct measure of a firm's financial leverage?

Answer Options

Correct Answer A. Debt-to-equity ratio
B. Times interest earned ratio
C. Current ratio
D. Quick ratio
Correct Answer
A
Correct Option:
Debt-to-equity ratio

About This Question

This is Post Utme Bowen University 2020 Commerce Question 30. It is one of the objective questions from the 2020 Post Utme Bowen University Commerce examination.

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