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Key Terms Instructions: Please define the following key terms. Show Who? What? Where? When? Why Important?
Charles Darwin
Fixed Cost
Expenses that do not change with the level of goods or services produced by a business, such as rent, salaries, and insurance.
Debt-to-Total-Assets Ratios
A measure that indicates what proportion of a company's assets is financed through debt.
Equity Ratios
Equity ratios measure a company's financial leverage and are calculated by dividing total equity by total assets.
Debt-to-Equity Ratios
A financial ratio indicating the relative proportion of shareholders' equity and debt used to finance a company's assets.
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