Financial leverage, supply chain finance, and liquidity are three substantial features of overall firm performance. This study examines how financial leverage, supply chain finance, and liquidity affect a firm’s performance in Pakistan's cement, textile, sugar, and pharmaceutical sectors. The...

The WACC is just the rate at which the Free Cash Flows must be discounted to obtain the same result as in the valuation using Equity Cash Flows discounted at the required return to equity (Ke).The WACC is neither a cost nor a required return: it is a weighted average of a cost and a required...