Multiple Choice
Blaine and Lindsay McDonald have total assets valued at $346,000 and total debt of $168,000.What is Blaine and Lindsay's asset-to-debt ratio?
A) 2.06
B) 1.00
C) 0.51
D) 0.49
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q49: Budgeting is narrower in scope than overall
Q50: A short-term goal is one that is
Q51: The best method to control overspending is
Q52: Which of the following is the best
Q53: A balance sheet describes an individual's financial
Q55: Checking account statements provide a source of
Q56: Discretionary income is the money people use
Q57: In general,tangible assets do not depreciate in
Q58: Janice Leno has the following assets and
Q59: A net surplus in your monthly budget