If Your Debt-To-Asset Ratio Is 1,which of the Following Will

question 8

Multiple Choice

If your debt-to-asset ratio is 1,which of the following will improve it?

• A)Taking out a line of credit
• B)Buying a car with cash
• C)Paying off a student loan
• D)Buying stock with cash

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Definitions:

Company-Sponsored

Refers to activities, programs, or benefits funded and organized by an employer for its employees.

Paid Holidays

Employer-provided days off with pay, typically for national holidays, as part of an employee's benefits package.

Personal Use Days

Days off given to employees to handle personal matters or for general leisure, separate from traditional sick or vacation leave.

Employee Assistance Programs (EAPs)

Services provided by employers to help workers cope with a wide variety of problems that interfere with the way they perform their jobs.