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    Exam 2: Using Financial Statements and Budgets
  5. Question
    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 6

Question 6

Multiple Choice

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


A) 30%
B) 33%
C) 67%
D) 65%

Correct Answer:

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