Match the Term with Its Definition

Match the term with its definition.
-A measure of what percentage of a firm's assets is financed by debt, determined by dividing total debt by total assets

A) balance sheet
B) debt
C) debt ratio
D) dividends
E) income statement (profit and loss statement)
F) interest expense
G) mortgage
H) operating expenses
I) owners' equity
J) retained earnings
K) total asset turnover