Question

In: Finance

4. Down: The amount of an individual's paycheck which remains after the payment of income taxes....

4. Down: The amount of an individual's paycheck which remains after the payment of income taxes. (Three Words)
5. Down: Total wealth based on the difference between total assets owned and total debt. (Two Words)
6. Down: The type of assets or liabilities which are not short-term in nature. (Two Words)
7. Down: Obligations to creditors.
8. Down: A ratio which indicates the percentage of assets financed with debt funding.

Solutions

Expert Solution

4. Down: The amount of an individual's paycheck which remains after the payment of income taxes. (Three Words) - AFTER TAX INCOME

After tax income is the income after the payment of the taxes.

5. Down: Total wealth based on the difference between total assets owned and total debt. (Two Words) - NET WORTH

Net worth = Total assets - Total liabilities

6. Down: The type of assets or liabilities which are not short-term in nature. (Two Words) - LONG TERM

Long term assets and liabilities are the resources or obligation which can be used for more than an year.

7. Down: Obligations to creditors.- LIABILITIES

Liabilities are the debt or the obligation to the creditors. It is the money borrowed by an individual or a firm

8. Down: A ratio which indicates the percentage of assets financed with debt funding.- DEBT RATIO

Debt ratio is total debt / Total assets, it tells the ratio of the debt towards the total assets held by the company


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