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When a company uses more of loans than equity to finance its business, the company is ...
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Commerce Classroom
Jamb
Jamb 1995
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When a company uses more of loans than equity to finance its business, the company is said to be
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
Bankrupt
B
Solvent
C
Highly geared
D
In a strong liquid position
Show Answer
Show Explanation
Correct Answer:
Option C
Explanation:
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Accounts - Principles of Accounts
Animal Husbandry
Aptitude Test
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Arabic
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Block laying, bricklaying, and concreting work
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