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    Exam 2: Developing Your Financial Statements and Plans
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    If Your Total Assets Equal $87,000 and Your Total Liabilities
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If Your Total Assets Equal $87,000 and Your Total Liabilities

Question 93

Question 93

Multiple Choice

If your total assets equal $87,000 and your total liabilities equal $10,000, your solvency ratio is:


A) 11.5%.
B) 13.0%.
C) 77.0%.
D) 87.0%.
E) 88.5%.

Correct Answer:

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