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Author Question: Jennifer has assets of $100,000 and $10,000 of debt. She could (Read 65 times)

pane00

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Jennifer has assets of $100,000 and $10,000 of debt. She could


◦ borrow more money, since her debt ratio is low.
◦ apply for a bank loan, but expect to be turned down.
◦ borrow approximately $200,000 at below market rates.
◦ not borrow more money until she pays off her current debt.


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Marked as best answer by pane00 on Apr 12, 2019

essyface1

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pane00

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essyface1

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You're welcome



 

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