answer with at least 200 words citation and reference
A company president remarked, “The operations of our company are such that we can take advantage of only a minor amount of financial leverage.” In your own words, define financial leverage and explain how it works to the benefit of the common shareholders. Explain the likely reasoning the company president had in mind to support this statement. In your replies to peers, support or refute their ideas by providing specific reasons, examples, and facts as support.
