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1. Samantha Knight is applying for a small-business loan. She provide bank with the following information: cash in checking accounts, $5 on cash in savings,
1. Samantha Knight is applying for a small-business loan. She provide bank with the following information: cash in checking accounts, $5 on cash in savings, $10,350; home market value, $145,500; first mortgage on house, $25,000; home equity loan limit, $70,000; home equity loan $10,000; automobile market value, $19,000; automobile loan outstanding. $15,000; credit card debt, $1,500. 00 a. Calculate the debt-to-asset ratio. b. Calculate the debt-to-equity ratio. c. What percentage of Samantha's assets are owned by others?! 2013 and
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