Using the Information on a Personal Balance Sheet,the _____ Ratio

question 33

Multiple Choice

Using the information on a personal balance sheet,the _____ ratio indicates your ability to meet current debt payments.

• A) solvency
• B) liquidity
• C) cash
• D) savings
• E) debt service

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Definitions:

Super-Event

A major event or happening that has significant, often transformative effects on the societies, economies, or environments it impacts.

Disaster Risk

The potential loss or damage that could occur to a system, society, or community in a specific period due to disasters.

Suppliers

Businesses or individuals that provide goods or services to another entity under terms specified in a contract or agreement.

Great East Japan Earthquake

A magnitude 9.0 undersea earthquake off the Pacific coast of Japan, occurred on March 11, 2011, causing widespread damage and triggering a tsunami.