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What is the Debt Ratio? Describe please.
Clemson Software is considering a latest project whose data are given below. The needed equipment has a 3-year tax life, after which it will be worthless,and it will be depreciate
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answers for the personal finance literacy 2nd edition workbook answers chapter 9(obtaining and protecting your credit)
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Debt ratio A ratio that points out what proportion of debt a company has relative to its assets. The measure gives a thought to the leverage of the company with the potential risks the company faces in terms of its debt-load. Debt Ratio = Total Debt / Total Assests
Debt ratio
A ratio that points out what proportion of debt a company has relative to its assets. The measure gives a thought to the leverage of the company with the potential risks the company faces in terms of its debt-load.
Debt Ratio = Total Debt / Total Assests
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