The Debt Ratio Is Calculated by Dividing Total Assets by Total

question 107

True/False

The debt ratio is calculated by dividing total assets by total liabilities.

---

Definitions:

Truck Wheel Seal

A component used in trucks to prevent lubricants from leaking out of the wheel bearings and to keep contaminants out.

Seal Driver

A tool used in the installation of seals in machinery, ensuring a proper fit without damage to the seal or housing.

Hydraulic Press

A machine press using a hydraulic cylinder to generate a compressive force, widely used in forming, shaping, and pressing of materials.

Wheel Runout

The deviation of a wheel from a perfect circular rotation, which can cause vibrations and uneven tire wear.