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Financial Leverage
In accounting and finance, the amount of long lasting debt that an organization has in relation to its equity the longer the ratio, the larger the leverage. Leverage is generally calculated by a difference of the debt-to-equity ratio, which is calculated as follows:
A company's optimal leverage depends on the stability of its earnings. A company with consistently high earnings can be more leveraged than an organization with variable earnings, because it will consistently be more likely to make the needs interest and principal payments.
Going Concern in Financial Management Going concern means in which business activities will continue for a fairly long period of time unless and until the business has entered
Define the meaning of procurement Term procurement was used in a broad sense so as to include the whole gamut of raising funds externally.
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