Asked by
Chandra Smith
on Oct 20, 2024
Verified
The debt ratio is calculated by dividing total assets by total liabilities.
Debt Ratio
The Debt Ratio is a financial metric that compares a company's total liabilities to its total assets, showing the proportion of a company's assets financed by debt.
- Grasp the concept and calculation of the debt ratio and its significance.
Verified Answer
JN
Learning Objectives
- Grasp the concept and calculation of the debt ratio and its significance.
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