Solved

A Total Debt Ratio of .35

Question 83

Multiple Choice

A total debt ratio of .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.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents