Question: The leverage ratio is equal to average total __________ divided by average _________. a. Long-term debt; common stockholders equity b. Assets; common stockholders equity c.

The leverage ratio is equal to average total __________ divided by average _________.

a. Long-term debt; common stockholders’ equity

b. Assets; common stockholders’ equity

c. Debt; total assets

d. Debt; common stockholders’ equity

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