INSTRUCTIONS: Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement.
Total assets on your personal balance sheet are $8,000 and liabilities are $2,000. Your solvency ratio is [ 75% | 25% ].

Question

INSTRUCTIONS: Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement. 
Total assets on your personal balance sheet are $8,000 and liabilities are $2,000. Your solvency ratio is [ 75% | 25% ].

Quizplus · Accepted Answer

The Answer of INSTRUCTIONS: Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement. 
Total assets on your personal balance sheet are $8,000 and liabilities are $2,000. Your solvency ratio is [ 75% | 25% ].

INSTRUCTIONS: Choose the Word or Phrase in [ ] Which