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    Exam 2: Using Financial Statements and Budgets
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    If Your Total Assets Equal $50,000 and Your Total Liabilities
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If Your Total Assets Equal $50,000 and Your Total Liabilities

Question 61

Question 61

Multiple Choice

If your total assets equal $50,000 and your total liabilities equal $15,000; your debt ratio is


A) 30%.
B) 70%.
C) 143%.
D) 233%.
E) 333%.

Correct Answer:

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