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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Managing Currency Options In Financial Institutions
Authors: Yat-Fai Lam, Kin-Keung Lai
1st Edition
1138778052, 978-1138778054
