Given the Following Information,calculate the Debt Ratio Percentage: Liabilities =

question 45

Multiple Choice

Given the following information,calculate the debt ratio percentage: Liabilities = $24,500
Liquid assets = $4,900
Monthly credit payments = $800
Monthly savings = $760
Net worth = $72,500
Current liabilities = $1,600
Take-home pay = $2,300
Gross income = $3,500
Monthly expenses = $-2,040

• A) 33.79
• B) -3.06
• C) 2.40
• D) 34.78
• E) -21.71

---

Definitions:

Social Value

The importance or benefit that something provides to society or a community at large.

Geothermal Energy

A form of renewable energy derived from the natural heat of the Earth's interior, used for heating and power generation.

Alternative Energy

Energy generated in ways that do not deplete natural resources or harm the environment, especially by avoiding the use of fossil fuels and nuclear power.

Dependable Energy

Reliable and consistent sources of energy that meet the needs of consumers without significant interruption.