If the Buyer Commits $100,000 of His or Her Own

question 44

Multiple Choice

If the buyer commits $100,000 of his or her own funds and borrows $900,000 to purchase $1 million in assets, then the leverage ratio is

• A)10 to 1.
• B)25 to 1.
• C)9 to 1.
• D)5 to 1.

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Definitions:

Community Needs

The requirements necessary to improve the well-being, health, and functionality of a specific population or community group.

Hearing Testing

The assessment of a person's ability to hear various sound frequencies, often used to detect hearing impairments.

Prevention

Actions or measures taken to stop something undesirable from occurring, such as illness or accidents.

Congenital Anomalies

Refers to physical or functional malformations that are present from birth, resulting from genetic, environmental, or unknown factors.