Question: What does the Debt - to - Equity Ratio primarily measure? The efficiency of a company's operations. The relative proportion of debt and equity used

What does the Debt-to-Equity Ratio primarily measure?
The efficiency of a company's operations.
The relative proportion of debt and equity used to finance a company's assets.
The profitability of a company's investments.
The ability of a company to pay its short-term obligations.

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