Business
Business, 16.01.2020 23:31, alialoydd11

Robert sampson owns a townhouse valued at $185,000 and still has an unpaid mortgage of $150,000. in addition to his mortgage, he has the following liabilities:
visa $ 755
mastercard 380
discover card 555
education loan 3,900
personal bank loan 650
auto loan 6,000
total $ 12,240
robertâs net worth (not including his home) is about $39,000. this equity is in mutual funds, an automobile, a coin collection, furniture, and other personal property.
required:
a. what is robertâs debt-to-equity ratio?

answer
Answers: 3

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Robert sampson owns a townhouse valued at $185,000 and still has an unpaid mortgage of $150,000. in...

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