The debt ratio is calculated as:

A. ?debt ratio = net operating income ÷ total debt.
B. ?debt ratio = long-term liabilities ÷ current liabilities.
C. ?debt ratio = sales ÷ total liabilities.
D. ?debt ratio = total liabilities ÷ total assets.
E. ?debt ratio = interest charges ÷ total liabilities.


Answer: D

Business

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