The debt ratio could not be calculated by dividing total assets by total liabilities.
The following information related to the debt ratio is
- The debt ratio should be calculated by dividing the total debts from total assets.
- In this, the total debts should be on the numerator side and the total asset should be on the denominator side.
- The ratio should always be on time.
Therefore we can conclude that the given statement is false.
Learn more about the debt ratio here: brainly.com/question/14553933
