Asked by
Catherine Cassidy
on Nov 27, 2024
Verified
The long-term debt to assets for 2014 is (rounded) :
A) 9.4%
B) 10.2%
C) 40.0%
D) 43.4%
Long-Term Debt To Assets
A ratio indicating the proportion of a company's assets that are financed through long-term debt, showing financial leverage.
Total Assets
The sum of all owned resources with economic value that are expected to provide future benefits to a company.
Long-Term Liabilities
Financial obligations of a business that are due more than one year in the future.
- Investigate the application of leverage and the efficacy in generating profits for a firm by analyzing its financial statistics.
Verified Answer
JT
Learning Objectives
- Investigate the application of leverage and the efficacy in generating profits for a firm by analyzing its financial statistics.