How would you explain this concept


Assume that you were going to explain good and bad uses of leverage to a person just about to buy a restaurant or other small business or to a home buyer. How would you explain this concept? If they were to finance 90% of the purchase, is that too much leverage? If they bought only what they could buy for cash, are they being too conservative on use of leverage?

Request for Solution File

Ask an Expert for Answer!!
Finance Basics: How would you explain this concept
Reference No:- TGS0519181

Expected delivery within 24 Hours