Search 72,236 tutors
Ask a question
0 0

Calculate debt limits

Calculate the debt limit for the Mitchell family if their financial statement reads as follows:
total assets, including their home value of $380,000: $478,700
short-term liabilities: $6,700
long-term liabilities, including a mortgage balance of $298,000: $320,000

No answers . . . yet!

Woodbridge finance tutors