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Distinguishing Equations from Expressions in Business

A small business owner is reviewing two entries in a financial report. The first entry is the formula for a ratio: Total Debt / Total Equity. The second entry is a target requirement for a bank loan: Total Debt / Total Equity = 0.45. Based on their mathematical structure, what is the specific name for the second entry, and what single symbol must be present to distinguish it from the first entry?

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Updated 2026-04-17

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