Multiple Choice
Karen Price has determined that her net worth is $24,000,excluding her home.She owes $90,000 on her mortgage and $12,000 on a car loan.What is Karen's debt-to-equity ratio?
A) 3.2
B) 2.0
C) 0.5
D) 2.7
E) 0.3
Correct Answer:
Verified
Correct Answer:
Verified
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