John Davis Has a Debt Ratio of 0

question 82

Multiple Choice

John Davis has a debt ratio of 0.25,which tells us that John

• A)is insolvent since the ratio is less than 1.0.
• B)could have $10,000 in total assets and $7,500 in net worth.
• C)has 25% of his income allocated to reducing debt.
• D)might have $2,500 in liquid assets and $10,000 in current debts.

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The set of shared assumptions, values, and practices that characterize an organization and guide its members' behavior.

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