The Long-Term Debt Ratio

question 93

Multiple Choice

The long-term debt ratio

• A)measures the significance of long-term debt as a source of asset financing.
• B)measures the effect of management's use of long-term debt.
• C)compares profits to the company's total debt.
• D)is a measure of profitability.

---

Definitions:

Nitrogen Fixation

Nitrogen fixation is a process by which nitrogen gas from the atmosphere is converted into ammonia or related nitrogenous compounds in soil, making nitrogen accessible to living organisms.

Ammonia

A colorless gas with a pungent smell, consisting of nitrogen and hydrogen (NH3), used in various industrial processes and as a fertilizer.

Carbon Transfer

The movement of carbon among the Earth's atmosphere, oceans, biosphere, and geosphere, part of the global carbon cycle.

Cellular Respiration

The process by which cells convert glucose and oxygen into ATP (energy), releasing carbon dioxide and water as byproducts.