17 Jan

Recent Great Recession of 2008-2009 has had significant impact on a wide

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Question: The recent Great Recession of 2008-2009 has had significant…

The recent Great Recession of 2008-2009 has had significant impact on a wide range of corporate performance. What impact would you predict it had on leverage?  Would financial leverage have increased, decreased, or remained the same? What about operating leverage? Why?

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