什么是高财务杠杆？

问题如下：

A company has developed a long-term relationship with its major supplier. The supplier has developed complex systems that integrate with those of the company and has an agreement to receive payment within 30 days for goods delivered.

Discuss the supplier’s stakeholder relationship with the firm. Why would high financial leverage be inconsistent with the supplier’s interests?

选项：

解释：

The supplier has a clear vested interest in the success and survival of the company, so it is considered a stakeholder. The supplier extends short-term credit to the company and has a long-term interest in the success of the company because it has invested in integrated complex systems. High financial leverage would not be in the best interest of the supplier, because it presents both short-term risk that the company may be unable to make payments for goods delivered and long-term risk for the investment made to integrate the supplier’s complex systems with those of the company.