The Total Debt Ratio Is Used to Measure Profitability

question 41

True/False

The total debt ratio is used to measure profitability.

---

Definitions:

Reorder Card

A card or form used to facilitate the reordering of products or supplies once they run low or out of stock.

Unit Price

The total price of a package divided by the number of items that comprise the package.

Purchase Price

The amount of money paid to buy goods or services.

Ordering Supplies

The process of requesting and acquiring necessary materials or stock for business operations, production, or office maintenance.