The more debt used, the greater the leverage a company employs on behalf of its owners.
<h3>
What is financial leverage?</h3>
Financial leverage exists as the usage of borrowed money (debt) to finance the purchase of assets with the anticipation that the income or capital gain from the new asset will surpass the cost of borrowing.
<h3>What is financial leverage example?</h3>
An example of financial leverage use contains utilizing debt to buy a house, borrowing money from the bank to begin a store, and bonds issued by companies.
Debt exists as an obligation that requires one party, the debtor, to pay money or other agreed-upon value to another group, the creditor. Debt stands for deferred payment, or sequence of payments, which distinguishes it from an immediate purchase.
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Answer:
c. Correct billing problems without being prompted by the customer.
Explanation:
If a salesperson notices a billing error in an order, he or she should <u>correct billing problems without being prompted by the customer.</u> A Salesperson should act there after the notice and fix the billing problems for the customer as it may result in confusion later.
<u>Explanation:</u>
All the business enterprise should involve in doing community service. CatsCafé in Ontario can enjoy the benefits of CSR activities. Activities that are possible with the available resources at cafe can be used to perform CSR such as donating food to the underprivileged.
You can make CSR as an regular day to day activity at a cafe. When there is excess food cooked for any event or party orders need not be wasted instead can be donated for people in need.
Communication is a key to involve all the 16 employees of the cafe into CSR activities. Employee support through volunteering is important to perform CSR.
As it is a united mission this brings unity among the employees. When information spreads to outsiders they join hands for CSR and the brand image of Cafe will improve in local society.
Promote CSR activities with images and posters of employees volunteering in these activities will increase visibility of the Cafe.
A student loan is an award I think
