If You Sell Your Home Without the Use of a Real

question 60

Multiple Choice

If you sell your home without the use of a real estate agent, you should still make use of a

• A)broker.
• B)insurance agent.
• C)lawyer.
• D)contractor.
• E)rental agent.

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Definitions:

Working Capital

Current assets less current liabilities.

Current Ratio

A financial metric that measures a company's ability to pay off its short-term liabilities with its short-term assets.

Marketable Securities

Short-term investments that are easily convertible into cash, typically within one year.

Debt-to-Equity Ratio

A financial ratio indicating the relative proportion of shareholders' equity and debt used to finance a company's assets, crucial for assessing financial leverage.