If the debt ratio is too high, the company may be unable to pay its debts

Indicate whether the statement is true or false

TRUE

Business

You might also like to view...

How can the HR department meet the needs of line managers?

A. By providing qualified staffing B. By assisting in performance management C. By designing a rewards system D. By providing training and development E. By enforcing labor law regulations

Business

When the credit card processor deposits the gross proceeds from credit and debit card sales ________

A) there will be no fee charged for the transaction B) the deposit is made on the last day of the month C) the total sales less the processing fee assessed equals the net amount of cash deposited D) the processing fees are deducted from the company's bank account by the processor

Business