Which of the following is the correct formula to calculate the debt ratio?
A) Debt ratio = Total liabilities x Total assets
B) Debt ratio = Total liabilities + Total assets
C) Debt ratio = Total liabilities - Total assets
D) Debt ratio = Total liabilities / Total assets
D
Business
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The only way for a company to increase its book value is through retained earnings.
a. true b. false
Business
A news story on why Air Canada pilots refuse to work overtime hours and are causing flight cancellations and delays is an example of which of the following?
a. a sales promotion b. free advertising c. newspaper advertising d. publicity
Business