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Figure 1.1
Identify the levels of organization in the figure above.
-Label D: ______________________________
Total Assets Turnover Ratio
Measures the turnover of all the firm’s assets; it is calculated by dividing sales by total assets.
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.
Window Dressing
Techniques employed by firms to make their financial statements look better than they really are.
Current Ratio
A liquidity ratio that measures a company's ability to pay short-term obligations with its current assets over its current liabilities.
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