Question

Financial leverage is favourable when profits are rising true or false

Answer 1

your business's reputation and cultivate relationships with consumers. While marketing focuses on promoting actual products and services, public relations focuses on promoting awareness, attitudes and behaviour change.

Answer 2

Answer:

True

Explanation:

• When return on investment exceeds the rate of interest, the financial leverage is favourable or the firm is said to be trading on equity.

• If the financial leverage is favourable, its advantage is passed on equity stockholders in terms of higher returns.