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Setting a Suitable Target Leverage Level

eBook (PDF), 4 Pages
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Price: $1.99
"• A company must meet its debt payment obligations otherwise its loan creditors could expose it to action. When debt obligations are high, profits must be sufficient to cover them. • Profits available to stockholders, after paying debt interest, can fluctuate sharply from one year to the next. The risk for stockholders therefore can be very high. A change in profits (before interest) of a given percentage amount will result in a bigger percentage change in profits (after interest and tax) for stockholders. This percentage change will be larger for more highly geared companies. "
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Product Details

Published
June 5, 2013
Language
English
Pages
4
File Format
PDF
File Size
628.71 KB

Formats for this Ebook

PDF
Required Software Any PDF Reader, Apple Preview
Supported Devices Windows PC/PocketPC, Mac OS, Linux OS, Apple iPhone/iPod Touch... (See More)
# of Devices Unlimited
Flowing Text / Pages Pages
Printable? Yes
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