Post Utme Nile University 2017 Commerce Question 20

Practice objective / multiple choice question 20 from the 2017 Post Utme Nile University Commerce examination.

Post Utme Nile University 2017 Commerce Objective / Multiple Choice
Question 20 POST_UTME_NILE_UNIVERSITY • 2017 • COMMERCE • objective

A business's financial statements include several key components, including the balance sheet, income statement, and cash flow statement. Which of the following is a correct example of a business's financial leverage?

Answer Options

Correct Answer A. The use of debt financing to increase a business's assets
B. The use of equity financing to increase a business's assets
C. The use of cash to increase a business's assets
D. The use of credit to increase a business's assets
Correct Answer
A
Correct Option:
The use of debt financing to increase a business's assets

About This Question

This is Post Utme Nile University 2017 Commerce Question 20. It is one of the objective questions from the 2017 Post Utme Nile University Commerce examination.

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