Accountancy, asked by shashank6870, 2 months ago

What is debt for a company?

Answers

Answered by umasahu871999
0

Answer:

Debt is a liability that a company incurs when running its business. ... This ratio is calculated by taking total debt and dividing it by total assets. Total debt is the sum of all long-term liabilities and is identified on the company's balance sheet.

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