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Stephen G.
Stephen G., Sr Financial Expert
Category: Finance
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Experience:  Extensive Experience with Tax, Financial & Estate Issues
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A conservative financing plan involves:a.) heavy reliance

Customer Question

A conservative financing plan involves:

a.) heavy reliance on debt
b.) heavly reliance on equity
c.) high degree of financial leverage
d.) high degree on combined leverage
Submitted: 2 years ago.
Category: Finance
Expert:  Stephen G. replied 2 years ago.

Stephen E. Grizey :

The answer is (a) - heavy reliance on debt;

Stephen E. Grizey :

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Stephen G., Sr Financial Expert
Category: Finance
Satisfied Customers: 4068
Experience: Extensive Experience with Tax, Financial & Estate Issues
Stephen G. and other Finance Specialists are ready to help you
Expert:  Stephen G. replied 2 years ago.

Sorry, I mis-interpreted the question and answered it as if it was an investment plan; simple mistake; guess you should try doing your own homework assignments;
Customer: replied 2 years ago.
I did my own homework assignment and was simply asking an "expert" for confirmation. Good thing I went with my answer versus the one you provided. A complaint has been sent.
Expert:  Stephen G. replied 2 years ago.

As I said, I apologize for mis-reading the question; you might consider posting the subject you are studying instead of just posting the questions cold. There are two sides to that question; the borrower's perspective and the investor/lender's perspective; I picked the wrong one;

I saw your complaint; I made a mistake, what else can I say? Your complaint can't change me into a perfect "expert", nor can my apology; if you learn nothing else from me, learn that there's a time to complain and there's a time to take the time to understand; perhaps you should consider the impact of the nature of your complaint on the willingness to answer questions for you? I don't think your complaint is helping you to do what you want; I appreciate you taking the time to give me your feedback; I certainly wasn't trying to give you the wrong answer; I'll make sure it doesn't happen again. Good luck with your studies.

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