Multiple Choice
Which of the following is the correct expression for calculating the debt safety ratio?
A) Total monthly consumer credit payments / Monthly take-home pay
B) Monthly take-home pay / Total monthly consumer credit payments
C) Total monthly consumer credit payments / Gross monthly pay
D) Gross monthly pay / Total monthly consumer credit payments
E) Gross monthly pay / Monthly take-home pay
Correct Answer:
Verified
Correct Answer:
Verified
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