A High Debt-To-Asset Ratio Indicates an Excessive Amount of Debt

question 51

True/False

A high debt-to-asset ratio indicates an excessive amount of debt and should be reduced over time to avoid any debt repayment problems.

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Definitions:

Fail To Launch

A phrase describing young adults who struggle to transition into adulthood and independent living, often remaining dependent on their parents.

Financially Support

Providing monetary resources to assist an individual, organization, or cause.

Intimacy Versus Isolation

A stage in Erik Erikson's theory of psychosocial development focusing on young adults' struggle to form close relationships and emotional bonds.

Normative-Stage

A concept in developmental psychology referring to universally experienced phases or stages across the lifespan that align with biological or social expectations.