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Billie Goat sat down and calculated that her total assets equaled $80,000. Billie also figured out that her Solvency Ratio equaled 30%. What are Billie's
Billie Goat sat down and calculated that her total assets equaled $80,000. Billie also figured out that her Solvency Ratio equaled 30%. What are Billie's total liabilities?
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Step: 1
To calculate Billies total liabilities we need to use the Solvency Ratio formula which is SolvencyRa...
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Step: 2
Step: 3
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