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SCORPION-xisa [38]
3 years ago
11

Karen Price has determined that her net worth is $56,000, excluding her home. She owes $80,000 on her mortgage and $13,000 on a

car loan. What is Karen's debt-to-equity ratio?
Business
1 answer:
Rus_ich [418]3 years ago
8 0

Answer:

Explanation:

Net worth is the difference between a person's (assets - liabilities)

Based on the balance sheet equation; Assets = Liabilities + Equity , meaning that Assets - Liabilities = Equity .

With the above two equations, Net worth = Equity = $56,000

Debt-to- Equity ratio = Debt/ Equity

<em>Note: $80,000 mortgage will not be included as debt to avoid double counting error since it is is a  pay towards a home(asset) already incorporated in the $56,000 net worth.</em>

So, D/E = 13,000 / 56,000

D/E = 0.2321

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Answer:

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Explanation:

Data provided in the question

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So, the theoretical flow time in minutes is

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5 0
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wlad13 [49]

Answer:

The correct answer is Psychological.

Explanation:

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8 0
3 years ago
You want to buy a puppy. One of the kids at school has a dog that just had a litter of puppies. You ask her if you can get one o
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8 0
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Suppose a country has a national debt of $5,000 billion, a gdp of $20,000 billion, and a budget surplus of $130 billion. how muc
Mrac [35]
<span>a contractionary fiscal policy that will shift the aggregate demand curve to the left by an amount equal to the initial change in investment times the spending multiplier.</span>
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We want to send all of our high-value customers a special VIP gift. We are defining high-value customers as those who have made
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Answer:

Customer ID HANAR

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4 0
3 years ago
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