Calculate the Debt Ratio for an Individual Who Has $45,000

question 113

Multiple Choice

Calculate the debt ratio for an individual who has $45,000 in assets and $17,500 in liabilities.

• A)0.26
• B)2.57
• C)0.45
• D)0.39
• E)1.75

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Definitions:

Organizational Success

The achievement of goals and objectives by a company or organization, measured through factors like profitability, growth, and market share.

Individual Success

The achievement of personal goals and objectives, which can vary widely among individuals according to their values and aspirations.

Positive Reinforcement

A method in behavior management that uses rewards to encourage the recurrence of a desired action.