Register
The fram family has liabilities of $173,000 and a net worth of $350,000. what is their debt ratio?
196k views
4 votes
The fram family has liabilities of $173,000 and a net worth of $350,000. what is their debt ratio?

User Slonik
by
8.4k points

1 Answer

6 votes
Hello!

Debt ratio is liabilities/net worth. So 173/350 debt ratio or 0.494 percent debt ratio. Meaning that almost half their net worth is tied up in debt.

Hope this helps! Thank you!
User Rabban
by
8.6k points
← Prev Question Next Question →

Related questions

User Anise
asked Oct 5, 2021 92.2k views
The Fram family has liabilities of $167,00 and assets of $433,000. What is their debt ratio?
Anise asked Oct 5, 2021
by Anise
8.0k points
1 answer
5 votes
92.2k views
User Amulya Kashyap
asked Mar 1, 2024 130k views
How did the leadership of Cesar Chavez affect the United Fram Workers Union in the 1960
Amulya Kashyap asked Mar 1, 2024
by Amulya Kashyap
8.5k points
1 answer
1 vote
130k views
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.5m questions

12.2m answers

Other Questions

Who was Adam Smith ? Anybody?
What can turn igneous rock into sediment?
In what way did the GI Bill contribute to the growth of professional and white-collar jobs ? A.by providing US laborers with new job-training programs B.by giving US veterans assistance to purchase a new
What is meant by data mining ?
What is the best way to describe a stock market?
Link Copied!