Wk 5, QRB 501: DR 2

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175 - 265 words

Respond to the following:

 

Dr. Susan Jones

4/20/22, 7:51 AM

Class,

Another important ratio for a business (and an individual) is the Debt‐to‐Income Ratio. This ratio is helpful for showing a company has too much debt compared to income.

Personal basis: The recommended amount for individuals is 36% or less. If one is reaching or over 36%, one needs to set appropriate goals to help reduce or eliminate debt.

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    Dr Clover
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