LEVERAGE AS FINANCIAL STRATEGY

12345678910111213
Across
  1. 4. The fixed financial obligations a company must meet
  2. 5. A strategy in which a firm uses high levels of debt
  3. 9. that is due to be paid within a year
  4. 10. The extra risk taken by borrowing funds for investment
  5. 13. The use of borrowed money to increase investment returns
Down
  1. 1. The cost of borrowing funds, usually expressed as a percentage
  2. 2. The process of evaluating a company's ability to manage its debt
  3. 3. The mix of debt and equity used to finance a company
  4. 5. The risk associated with the use of fixed financing costs
  5. 6. The percentage of a company's debt in relation to its equity
  6. 7. A company's total debt-to-equity ratio
  7. 8. When a firm takes more debt to maximize returns
  8. 11. A strategy of financing with equity, not debt
  9. 12. The amount of debt a company has in relation to its earnings