Cannibalization is a major challenge facing book publishers

What is financial leverage?

a. Financial leverage is the use of borrowed funds to increase the return on owner's equity. b. Financial leverage is a legal document that details all the conditions relating to a bond issue. c. Financial leverage is a promissory note that requires a borrower to repay a loan in monthly, quarterly, semiannual, or annual installments. d. Financial leverage occurs when stock and other corporate securities are sold directly to large institutional investors. e. Financial leverage is the portion of a corporation's profits not distributed to stockholders.

The net cash flow from operating activities is calculated in the same way, whether the company uses the direct or the indirect method of preparing the statement of cash flow

Indicate whether the statement is true or false