Why would the owner-manager be interested in the debt/asset ratio? Equity/asset ratio? be sure to explain what each ratio tells the owner-manager.

Foundations of Business - Standalone book (MindTap Course List)
4th Edition
ISBN:9781285193946
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Chapter15: Using Management And Accounting Information
Section: Chapter Questions
Problem 5DQ
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Why would the owner-manager be interested in the debt/asset ratio? Equity/asset ratio? be sure to explain what each ratio tells the owner-manager. 

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