What is Kim's debt-to-equity ratio? Your client Kim has the following financial profile: Liquid Assets $44,000 Investment
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What is Kim\'s debt-to-equity ratio? Your client Kim has the following financial profile:
Liquid Assets | $44,000 |
Investment Assets | $140,500 |
Personal Assets | $195,500 |
Total Assets | $380,000 |
Total Liabilities | $263,000 |
Net Worth | $117,000 |
Annual debt payments | $22,000 |
Annual gross income | $145,000 |
Related Book For
Foundations of Financial Management
ISBN: 978-1259024979
10th Canadian edition
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
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