Match the Term with Its Definition

question 49

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

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Definitions:

Power Tools

Tools that require an external power source to operate, often used for construction, repair, and DIY projects.

Advertising Plan

A strategic document outlining the objectives, tactics, target audience, and budget for promoting products, services, or brands through various advertising channels.

Promotional Strategy

A plan of action designed to effectively communicate the benefits of a product or service to the target audience to stimulate demand.

Brand Name

A distinctive name identifying a product, service, or business that differentiates it from its competitors.