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Which assumption can be found in the Purnell model?
Debt Ratio
A financial ratio that measures the extent of a company's or individual's leverage, calculated by dividing total liabilities by total assets.
Services Revenue
Income earned by a company through the provision of services to customers.
Debit
An accounting entry that increases an asset or expense account, or decreases a liability or equity account.
Asset Accounts
Accounts on a company's balance sheet that represent the resources owned by the company which have economic value and can provide future benefits.
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