If your debt-to-asset ratio is 1,which of the following will improve it?

Name: If your debt-to-asset ratio is 1,which of the following will improve it?
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Paying off a debt (in this case, the student loan) will decrease the amount of debt and increase the amount of assets, resulting in an improved debt-to-asset ratio. Taking out a line of credit, buying a car with cash, and buying stock with cash do not directly impact the debt-to-asset ratio.

If Your Debt-To-Asset Ratio Is 1,which of the Following Will