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Which of the Following Is Generally True About the Calculation

Question 17

Multiple Choice

Which of the following is generally true about the calculation of an individual's equity or net worth ratio?


A) For a young person or couple, it is expected that their equity ratio would be relatively low as they are likely to have a relatively high level of debt.
B) For a young person or couple, it is expected that their equity ratio would be relatively high as they are likely to have a relatively low level of debt.
C) The ratio shows the percentage of net worth to total assets.
D) Both a and c

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