The lower your debt-to-asset ratio is,the easier it is to increase net worth.

Name: The lower your debt-to-asset ratio is,the easier it is to increase net worth.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A lower debt-to-asset ratio means that a greater proportion of assets are owned outright, rather than being financed through debt. This reduces the risk of insolvency and improves financial stability, making it easier to increase net worth over time.

The Lower Your Debt-To-Asset Ratio Is,the Easier It Is to Increase