A Total Debt Ratio of 0.35

A total debt ratio of 0.35:

A) indicates that the firm is financed with 35% long-term debt.
B) would exist if a firm had liabilities of $700 and assets of $2,000.
C) indicates that 35 cents of every dollar of capital is in the form of short-term debt.
D) indicates that 35 cents of every dollar of capital is in the form of long-term debt.