If You Are Creating a Document from Scratch, the First

question 2

Short Answer

If you are creating a document from scratch, the first step is to select the type of document you are creating. For a form letter, choose the ___________________ option button.

---

Definitions:

Debt-to-Equity Ratio

A measurement indicating the relative proportions of a company's total liabilities to shareholders' equity.

Total Liabilities

The combined amount of all financial obligations a company owes to outside parties, including loans, accounts payable, mortgages, and other debts.

Total Assets

The sum of all resources owned by an entity that have economic value and can be measured and expressed in monetary terms.

Average Sale Period

The average amount of time it takes for a business to sell its inventory or a specific product.