Jorge currently has a debt ratio of 37 percent and Jose's is 102 percent. They both have the same take home pay every month. How can we describe their current financial situation?
A) Jorge is currently solvent.
B) Jose is currently insolvent.
C) Jorge probably has more money available to enjoy every month.
D) Jose probably doesn't have much money available to enjoy every month.
E) All of the above are true based on their ratios.
Correct Answer:
Verified
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