Find the Debt Ratio of a Firm with Total Debt

question 64

Multiple Choice

Find the debt ratio of a firm with total debt equal to $800,000 and net worth equal to $2,400,000.

• A).33
• B).50
• C).75
• D).25
• E).67

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Definitions:

Feel Good

An emotional state or sensation of pleasure, happiness, or contentment.

Exhilaration

Exhilaration is a feeling of excitement, happiness, or elation, often resulting from an engaging or stimulating experience.

Endorphins

Natural pain-relieving chemicals produced by the brain that also promote feelings of pleasure and well-being.

Physically Exhausting

Refers to the state of extreme physical fatigue often resulting from demanding activity or exertion.