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    Exam 2: Developing Your Financial Statements and Plans
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    Total Assets on Your Balance Sheet Are $6,000 and Liabilities
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Total Assets on Your Balance Sheet Are $6,000 and Liabilities

Question 81

Question 81

Multiple Choice

Total assets on your balance sheet are $6,000 and liabilities are $2,000. Your solvency ratio will be:


A) 30.2%.
B) 33.3%.
C) 67.7%.
D) 85.0%.
E) 75.0%.

Correct Answer:

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