INSTRUCTIONS: Choose the Word or Phrase in [ ] Which

question 85

Multiple Choice

INSTRUCTIONS: Choose the word or phrase in [ ] which will correctly complete the statement. Select
-Total assets on your balance sheet are $6,000 and liabilities are $2,000.Your solvency ratio would be [67% | 33%].

• A)for the first item
• B)for the second item
• C)if neither item will correctly complete the statement.