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Problem 6 - 3 Calculating the Debt - to - Equity Ratio [ LO 6 - 3 ] Robert owns a $ 2 1 1

Problem 6-3 Calculating the Debt-to-Equity Ratio [LO6-3]
Robert owns a $211,000 town house and still has an unpaid mortgage of $153,000. In addition to his mortgage, he has the following liabilities:
\table[[Liabilities,],[Visa,593],[MasterCard,519],[Discover card,478],[Education loan,939],[Personal bank loan,823],[Auto loan,4,910],[Total,$8,262
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