Examlex
Discuss the advantages and disadvantages of partnerships.
Transaction
A financial event that changes the balance of two or more accounts.
Debt Ratio
Debt ratio is a financial ratio that measures the extent of a company's leverage by comparing its total debt to its total assets.
Total Liabilities
The combined amount of all financial obligations a company owes to external parties, recorded on the balance sheet.
Total Assets
The sum of all assets owned by a company, including current and non-current assets, as reported on the balance sheet.
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