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Tom and Kelly McDonald have total assets valued at $346,000 and total debt of $168,000. What is Tom and Kelly's asset-to-debt ratio? (Points : 1) 2.06 1.00 0.51 0.49
Tom and Kelly McDonald have total assets valued at $346,000 and total debt of $168,000. Tom and Kelly's asset-to-debt ratio is 2.06 . 34600/16800 = 173/84 = 2.06(if it is rounded to the nearthest hundred.)
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Asked 1/24/2015 12:44:41 AM
Updated 1/25/2015 10:38:25 PM
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Tom and Kelly McDonald have total assets valued at $346,000 and total debt of $168,000. Tom and Kelly's asset-to-debt ratio is 2.06 .
34600/16800 = 173/84 = 2.06(if it is rounded to the nearthest hundred.)
Added 1/25/2015 10:38:25 PM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [1/26/2015 3:40:55 AM]
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