"The Ramsey family has total assets of $1,000,000 and total liabilities of $700,000. Included in their...

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"The Ramsey family has total assets of $1,000,000 and total liabilities of $700,000. Included in their...

"The Ramsey family has total assets of $1,000,000 and total liabilities of $700,000. Included in their total assets are monetary assets of $200,000 and investment assets of $300,000. What is the Ramseys' investment assets-to-total assets ratio?"

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Answer 1

Answer #1

Ans. Investment assets to Total assets ratio = Investment assets / Total assets * 100

= $300,000 / $1,000,000 * 100

= 30%

* The ratio of investment assets on it's total assets is 30%.

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Answer 2

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