Apple computers has raised all its capital via equity rather than debt.Such a firm is also referred to as a(n)________ firm.
A)levered
B)margined
C)risk less
D)unlevered
E)risky

Question

Quizplus · Accepted Answer

An unlevered firm is one that has raised all its capital through equity rather than debt. This means that the firm has no financial leverage and is not exposed to the risks and costs associated with debt financing, such as interest payments and the risk of default. Apple is an example of an unlevered firm.

Apple Computers Has Raised All Its Capital Via Equity Rather