Examlex
What is the purpose of providing a legend with a visual aid?
Total Debt Ratio
A financial ratio that measures the extent of a company's leverage, calculated by dividing total liabilities by total assets.
Total Assets
The sum of all assets owned by a business, including current, fixed, and intangible assets, representing the total resources a company has at its disposal.
Total Liabilities
Comprises all the obligations a company owes, including loans, accounts payable, mortgages, deferred revenues, bond issues, warranties, and accrued expenses.
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