Multiple Choice
Which of the following represents the debt/equity ratio?
A) total liabilities ÷ total shareholders' equity
B) total liabilities ÷ (total liabilities + shareholders' equity)
C) total liabilities ÷ (total assets - shareholders' equity)
D) total long-term liabilities ÷ (total long-term liabilities + shareholders' equity)
Correct Answer:
Verified
Correct Answer:
Verified
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