Use the Following Information to Determine Bill's Solvency Ratio

question 39

Multiple Choice

Use the following information to determine Bill's Solvency Ratio.
Total net worth: $150,000
Cash surplus: $15,000
Income after taxes: 105,000
Total assets: $300,000

• A) 14.29%
• B) 50%
• C) 2
• D) None of the above

---

Definitions:

Subject

The main topic or area of focus in a discussion, study, or piece of work.

Proposition

An expression or declaration that conveys an evaluation or viewpoint, potentially being either correct or incorrect.

Subject

The main person, place, thing, or idea that is being discussed or described in a sentence or text.

Proposition

A statement or assertion that expresses a judgment or opinion, which can also be the content of a declarative sentence.