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Which of the following best explains the purpose of the debt-to-equity ratio? Select one: O a. It is an exclusive measure of the proportion of

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Which of the following best explains the purpose of the debt-to-equity ratio? Select one: O a. It is an exclusive measure of the proportion of cash in a company that is financed via bank loans or shares issued to investors. b. It measures how much debt has been used to finance the acquisition of assets relative to equity financing. O c. It measures how much of a company's start-up costs were financed either through debt or asset financing. O d. It measures the ability of the company to pay its total liabilities with total assets. Notes

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