Identify the correct formula below used to calculate the debt ratio.
A. Total Liabilities/Total Assets.
B. Total Assets/Total Liabilities.
C. Total Equity/Total Assets.
D. Total Liabilities/Total Equity.
E. Total Equity/Total Liabilities.
Answer: A
You might also like to view...
As data from the existing system are mapped into the new system, exception-reporting situations must be devised to ensure that the data are converted accurately
Indicate whether the statement is true or false
Avoid building barriers by using “______” messages instead of “______” messages.
Fill in the blank(s) with the appropriate word(s).
Answer the following statements true (T) or false (F)
Self-observation involves determining when, why, and under what conditions we use certain behaviors.
Which of the following is not an essential part of the accounting records?
A) The journal B) The ledger C) The chart of accounts D) The work sheet