Jennifer has assets of $100 000 and debts of $10 000.She could
A) borrow more money,since her debt ratio is low.
B) apply for a bank loan,but expect to be turned down.
C) borrow approximately $200 000 at below-market rates.
D) establish an emergency fund of $10 000 in order to qualify for a loan.
Correct Answer:
Verified
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