I need the ratio for 100,000 liability and 10,000 asset

bmac87 Posts: 1, Reputation: 1

New Member

Jul 22, 2010, 05:33 PM

I need the ratio for 100,000 liability and 10,000 asset

I borrowed 100,000 I have 10,000 from work that I earned the bank needs 1.50 ratio to give me the loan what is my ratio

morgaine300 Posts: 6,561, Reputation: 276

Uber Member

Jul 24, 2010, 04:08 AM

What ratio?

Add your answer here.

Check out some similar questions!

Sales $300,000, cost $265,000, year end of $2000,00 effect on ROE if 60% dbt ratio [ 1 Answers ]

Last year Charter Corp. had sales of $300,000, operating costs of $265,000, and year-end assets of $200,000. The debt-to-total-assets ratio was 25%, the interest rate on the debt was 10%, and the firm's tax rate was 35%. The new CFO wants to see how the ROE would have been affected if the firm...

Assets 23,000, liability 11,000, retained earn-4,500, what is capital stock [ 6 Answers ]

In the expanded accounting equation, if assets aqre 23,000, liabailities 11,000, retained earnings are 4,500, how much is capital stock, and how do you compute the answer?

On July 1, 2010, Brower Industries Inc. Issued $32,000,000 of 10-year, 12% bonds at a [ 1 Answers ]

On July 1, 2010, Brower Industries Inc. Issued $32,000,000 of 10-year, 12% bonds at an effective interest rate of 13%, receiving cash of $30,237, 139. Interest on the bonds is payable semiannually on December 31 and June 30. The fiscal year of the company is the calendar year. Instructions: ...

Theft of 100,000 [ 2 Answers ]

Okay, My fiancé and I just found out that her ex was arrested in March for theft of jewellery priced at $100,000. Him and a friend then pawned it off for a whopping $1,700 at a local pawn shop. His bail was set at $25,000 which we believe was partially paid. My question is, what should we expect...