Which of the statements below is correct? Select one: a. Financial leverage rises with a lower debt ratio. b. Higher deb

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answerhappygod
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Which of the statements below is correct? Select one: a. Financial leverage rises with a lower debt ratio. b. Higher deb

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Which of the statements below is correct? Select one:
a. Financial leverage rises with a lower debt ratio. b. Higherdebt ratio is better for a company unless the industry is goingthrough a recession. c. Companies with lower debt ratios are morerisky to shareholders. d. Having a higher debt ratio is neithergood nor bad.
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