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Question 2 . ( Chapter 6 ) Debt to Equity Ratio - Personal Equity Calculating the Debt - to - Equity Ratio. Thomas owns a

Question

2 . (

Chapter

6)

Debt to Equity Ratio

-

Personal Equity

Calculating the Debt

-

-

Equity Ratio. Thomas owns a $

160, 000

townhouse and still has an unpaid mortgage of $

120, 000 .

In addition to his mortgage, he has the following liabilities:

\

table

[[

Visa

,

600

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