Multiple Choice
Debt-to-equity ratio is
A) a useless ratio for determining your credit capacity.
B) calculated by dividing monthly debt payments by net monthly income.
C) determined by dividing your assets by liabilities.
D) calculated by dividing total liabilities by net worth.
E) rarely used by creditors in determining credit worthiness.
Correct Answer:

Verified
Correct Answer:
Verified
Q6: Most consumers have only one choice in
Q87: It is legal for creditors to ask
Q88: What would your credit rating be if
Q89: Incidental credit is a credit arrangement that
Q90: In a closed-end credit, loans are made
Q91: If your debt-to-equity ratio is about 1,
Q93: The advantages of credit include<br>A)can purchase goods
Q94: The best way to maintain your credit
Q97: Which of the following is considered to
Q115: A home equity loan is usually set