The Formula to Compute the Debt Ratio Is

question 29

Multiple Choice

The formula to compute the debt ratio is

• A)interest expense/income from operations.
• B)total liabilities/total assets.
• C)income from operations/interest expense.
• D)total assets/total liabilities.

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Definitions:

Domestic Labour

Work performed within the home, such as cleaning, cooking, and childcare, traditionally without economic compensation.

Extended Family

An extended family includes not just parents and their children but also other relatives such as grandparents, aunts, uncles, and cousins living together or maintaining close relationships.

Nuclear Family

A family unit consisting of two parents and their children living in one household, considered the traditional family structure.

Polymorphous Family

A family structure that does not conform to traditional norms, encompassing a variety of forms and relationships.