Which of the following statements is true about the debt ratio?a It measures the percent of a company’s

Question

Which of the following statements is true about the debt ratio?

a.It measures the percent of a company’s

sales contributed by debt.

b.It measures the current value of long-term debt.

c.It measures the percent of a company’s income earned by debt

d.It measures the percent of a company’s assets financed by debt.

Business