Insert the Correct Response

question 5

Short Answer

Insert the correct response. Reduce fractions to the lowest terms.
-Change 0.77 to a percent. ____________________

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Definitions:

Total Debt Ratio

A financial metric that compares a company's total debt to its total assets, indicating the degree of leverage and financial risk.

Total Assets

The sum of all resources owned by a company, including cash, investments, property, and other assets, reflected on the balance sheet.

Cash Ratio

A liquidity ratio that measures a company's ability to pay off short-term liabilities with cash and cash equivalents alone, without selling or liquidating other assets.