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If Bobs total assets equal $400,000 which including $300,000 cash and $100,000 share equity. His short term liability and long term liability are $23,000 and

If Bobs total assets equal $400,000 which including $300,000 cash and $100,000 share equity. His short term liability and long term liability are $23,000 and $150,000 respectively, Bobs solvency ratio is:

A. 30.00% B. 62.50% C. 56.75% D. 42.33%

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Question

If Bobs total assets equal $400,000 which including $300,000 cash and $100,000 share equity. His short term liability and long term liability are $23,000 and

If Bobs total assets equal $400,000 which including $300,000 cash and $100,000 share equity. His short term liability and long term liability are $23,000 and $150,000 respectively, Bobs solvency ratio is: A. 30.00% B. 62.50% C. 56.75% D. 42.33%

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If Bobs total assets equal $400,000 which including $300,000 cash and $100,000 share equity. His short term liability and long term liability are $23,000 and $150,000 respectively, Bobs solvency ratio is:

A. 30.00% B. 62.50% C. 56.75% D. 42.33%