BHP Billiton

Which of the following companies is most likely to owe BHP Billiton money as part of BHP Billiton’s accounts receivable?

ASSIGNMENT Increased leverage allows companies to control more assets and increase their ROE. What’s bad about leverage? It reduces productivity, which can decrease overall ROE. Leverage-based profits are not cash-based and are ignored by finance. Leverage multiplies losses, too, as it increases a company’s risk There is nothing bad about leverage—using other people’s money is […]

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