Examlex
Which of the following formulas was developed by FIPS 199 for categorization of an information system?
Debt Ratio
A financial ratio that compares the amount of a company’s total debt to its total assets, indicating the leverage level.
Assets
Resources owned by a company or individual considered valuable and can be used to produce positive economic value.
Equity
The residual interest in the assets of a company after deducting liabilities, representing the ownership interest of shareholders.
Note Payable
An obligation in the form of a promissory note, which requires the borrower to pay back the loan or debt to the lender at a future date.
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