The Formula for Calculating the Debt Ratio Is

question 36

Multiple Choice

The formula for calculating the debt ratio is

• A)Total liabilities divided by total assets.
• B)Long-term liabilities divided by total assets.
• C)Total liabilities divided by total liabilities and stockholders' equity.
• D)Total debt divided by total stockholders' equity.

---

Definitions:

Harlem Hellfighters

An African American infantry unit in WWI that achieved fame for their valor and spent more time in front line trenches than any other American unit.

Jazz

A music genre that originated in the African American communities of New Orleans, early in the 20th century, characterized by strong, rhythmic underpinnings, improvisation, and distinctive tonalities.

James Reese Europe

An influential African American musician and bandleader, pivotal in the early 20th century for popularizing jazz.

Marines

A branch of the military services specialized in amphibious operations, including the landing forces for assault operations of naval expeditions.