Multiple Choice
Match the term with its definition.
-A measure of what percentage of a firm's assets is financed by debt, determined by dividing total debt by total assets
A) balance sheet
B) debt
C) debt ratio
D) dividends
E) income statement (profit and loss statement)
F) interest expense
G) mortgage
H) operating expenses
I) owners' equity
J) retained earnings
K) total asset turnover
Correct Answer:

Verified
Correct Answer:
Verified
Q44: Match the term with its definition.<br>-Operating expenses
Q45: In order to determine the cash flows
Q46: Accounts payable, accrued expenses, 2-year notes payable,
Q47: Match the term with its definition.<br>-Borrowed money
Q48: A conventional measure of a firm's liquidity
Q50: Match the term with its definition.<br>-Operating profits
Q51: A profitable company will always have positive
Q52: Match the term with its definition.<br>-A financial
Q53: The balance sheet shows a firm's assets,
Q54: Match the term with its definition.<br>-A financial