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Which of the following statements about substitution reactions is true?
Debt Ratio
A financial ratio that measures the proportion of a company's total debt to its total assets, indicating the leverage and financial health of the company.
Total Assets
The sum of all assets owned by a company, including current, fixed, and intangible assets, indicating the total resources.
Total Liabilities
The sum of all financial obligations a company owes to external parties, including debts, accounts payable, and other liabilities.
Equity
The value of an ownership interest in property, including shareholders' equity in a corporation.
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