Emily feels her personal finance is not so healthy in terms of managing debt. she has a $120,000 credit card liability, a $150,000 car loan, and a $300,000 mortgage liability. Emily possesses a car worth $72,000 and a house worth $485,000. What is Emily’s debt-to-asset ratio? (Show your calculations)

Answer rating: 100% (QA)

Answer i DebtTo assets ratio Total debtTotal Assets ii Total Deb... View the full answer