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Stock Investments = $1800 Credit card balance = $500 Jewellery = $1000 House furniture = $800 Consumer loan balance = $600 Current value of automobile
Stock Investments = $1800 Credit card balance = $500 Jewellery = $1000 House furniture = $800 Consumer loan balance = $600 Current value of automobile = $6000 Cash in chequing account = $1200 Balance in savings account = $3500 Other liabilities = $750
Compute his debt ratio and debt-to-asset ratio? (Show your calculations)
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