The Fram family has liabilities of $128,000 and a net worth of $340,000. What is their debt

Question:

The Fram family has liabilities of $128,000 and a net worth of $340,000. What is their debt ratio? How would you assess this?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Personal Finance

ISBN: 978-0077861643

11th edition

Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes

See More Books

Question Posted: Sep 15, 2017 12:23 PM

See More Questions

How would you assess the economic value of two SUVs?
EMG, Corp., a public corporation, decides to enter the Internet marketing business by creating a subsidiary corporation, GME, Inc., that will be 51 percent owned by EMG and 49 percent owned by other...
The guideline transaction that is most likely applicable to FAMCO is A. Firm 1. B. Firm 2. C. Firm 3. The senior vice president of acquisitions for Northland Industries, Angela Lanton, and her head...
Write short note on context switch
Imine formation is reversible. Show all the steps involved in the acid-catalyzed reaction of an imine with water (hydrolysis) to yield an aldehyde or ketone plus primary amine.
Cigar Smoking The data in the following table show the association between cigar smoking and death from cancer for 139,704 men. Note: Current cigar smoker means cigar smoker at time of death. (a) If...
As velocity increases, the propeller blades relative wind moves in relation to the chord line. Does the AOA increase or decrease? What effect does this have on propeller RPM?
The Signage Company specializes in the maintenance and repair of signs, such as billboards. On March 31, 2014, the accountant for The Signage Company prepared the following trial balances:...
Discuss the principles of process intensification (PI) and its role in achieving sustainable and efficient chemical processing, focusing on the reduction of equipment size, energy consumption, and...
DryIce Inc., is a manufacturer of air conditioners that has seen its demand grow significantly. The company anticipates nationwide demand for the next year to be 180,000 units in the South, 120,000...
1. Since a budget is made up of fixed expenses and variable expenses identify which of Shelby's expenses fall into each category. Then total each category and compare it to her monthly income to...
Using the web sites such as www.quicken.com, Kiplinger's Personal Finance Magazine at www.kiplinger.com, or Money Magazine at www.money.com, or library resources, obtain information about the tax...
How did the customer orientation evolve?
Maryburn Imports Ltd has decided to purchase a new office building. It purchased land and a building for $5 250 000 on 1 December 2019. Agreed financing arrangements included payment of an initial...
You are on a team that has been directed to design a system for VideoStore, a movie rental company. This company rents movies only in stores (not online) and has about 10 stores throughout the state...
Tactix Ltd wishes to raise $2 500 000 to carry out construction work as part of a major expansion of its shopping mall operations. The directors decide to issue 10 000 $100 8% debentures, fully...
Prestige Printing Ltd commenced business on 1 July 2019. On 5 July 2019, a printing machine was purchased for $35 000, payable in two equal instalments due on 1 August and 1 October 2019. Transport...
Eta Oil Corporation incurred the following costs during the year: a. Began drilling an exploratory-type stratigraphic test well, incurred $60,000 of IDC b. Began drilling an exploratory-type...
With whom are you the most comfortable and non defensive in conversation? What does the person do that makes you so comfortable or non defensive?
Whats the difference between an ordinary annuity and an annuity due? What type of annuity is shown below? How would you change the time line to show the other type of annuity?
How long will it take to pay off a loan of $50,000 at an annual rate of 10 percent compounded monthly if you make monthly payments of $600?
Youve just bought a new flat-screen TV for $3,000 and the store you bought it from offers to let you finance the entire purchase at an annual rate of 14 percent compounded monthly. If you take the...
Youve just bought a new flat-screen TV for $3,000 and the store you bought it from offers to let you finance the entire purchase at an annual rate of 14 percent compounded monthly. If you take the...
The highest WACC is 11%, the baseline WACC is 7.4% and lowest WACCS is 2.8%. To derive a WACC that better accounts for extreme scenarios, you decide to assign the following probability weights: High-...
Give 2 examples of the ff: Statutory law Regulatory law Common law Include the title of each example and explain why you chose these examples ( 1 to 2 sentences ) . Note: Write your reference ( s )
The Adams family includes a financially well-informed couple, both aged 36, and two children aged 4 and 6. The family is financially sound but suffered badly during the tech meltdown in 2000. The...

The Fram family has liabilities of $128,000 and a net worth of $340,000. What is their debt

Question:

Step by Step Answer:

Hence for the analysis to conclude we can s...View the full answer

Personal Finance

Students also viewed these Corporate Finance questions