The Debt to Equity Ratio Is Calculated by Dividing Total

question 25

True/False

The debt to equity ratio is calculated by dividing total company's liabilities by the company's total assets.

---

Definitions:

Money Damages

A monetary reward granted by a judicial body to an individual who has endured damage or injury as a result of someone else's illegal behavior or carelessness.

Remedy at Law

Legal means through which a party can enforce a right or redress a wrong, typically involving monetary compensation or specific performance.

Equity

A branch of law that developed alongside common law in order to remedy situations where strict application of traditional legal principles would be unfair or unjust.

Court of Equity

A judicial body that resolves disputes based on fairness and equitable principles, rather than strictly adhering to the letter of the law.