NO.PZ2016021706000034
问题如下:
The main factor that affects the financial leverage is:
选项:
A.The trade-off between fixed and variable costs.
B.Cost of equity
C.Capital structure and cost of debt.
解释:
C is correct.
Financial leverage is the degree to which a company uses fixed-income securities such as debt. Financial leverage increases with the level and cost of debt.
C选项里面,Capital structure and cost of debt.。我知道DFL取决于EBIT和int,cost of debt表示int,那么EBIT和capital structure是如何对应上的呢?