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What does Personal Debt Ratio 99 percent mean?
It means that the person's debt is equivalent to 99 percent of their [annual] income.
Is a debt ratio of more than 20 percent good?
no because debt is always bad.
Where in life do WE use negative numbers?
When people are in debt! You can owe people so much money that you actually have a negative amount of money.
How much percent of people have a dirty mind?
69
What is the yield to maturity on bonds if its after-tax cost of debt is 10 percent and its tax rate is 35 percent?
The yield would be 15.38%.
What percent of Americans are in debt?
80% of Americans are in debt
How much percent of people get braces?
60 percent of people get braces
If you have the debt assets after taxes percent of 10 percent cost of debt 8 percent and cost of equity 12 percent how is cost of capital calcuated?
WACC = Cost of Debt * Weight of Debt = + Cost of equity * Weight of Equity WAAC = .08*.10 + .12*.90 WAAC = 10.88%
How much percent of the people are fat?
78 percent
What does Personal Debt Ratio 99 percent mean?
It means that the person's debt is equivalent to 99 percent of their [annual] income.
What is the monthly savings for the average American?
The combined amount of personal debt in the US is $2 trillion which is about the GDP of England. That means Americans are in debt more than a country earns in a year. And that $2 trillion debt boils down to $117,951 per household. The statistics don't get much better from there. Even though Americans are a hard-working and industrious people they undertake too much debt and save too little. In the 1960s the average American saved 11 percent of their paycheck and in the 1990s it had decreased to 5 percent and then in 2003 it fell to 2.3 percent. However, because of the shaky economy, savings among Americans have risen to between 5 and 7 percent of their disposable income.========Online Savings Account
Lewis Schultz and Nobel Development Corp has an after-tax cost of debt of 6.3 percent With a tax rate of 30 percent what is the yield on the debt?
yield on debt = 6.3/.70 = 9%
How much debt is needed to get free debt counseling?
Free debt counseling is usually available to people with $10,000 debt or more. There are many different options available if you're seeking free debt counseling.
Many people have too much credit-card debt?
Yes a lot of people have too much credit card debt that they are only paying the minimum due each month and not enough saving
If you have a debt-to-income ratio of more than 20 percent it may indicate that you have borrowed too much relative to your income?
A debt-to-income ratio of more than 20% may indicate that you have borrowed too much relative to your income.
Is a debt ratio of more than 20 percent good?
no because debt is always bad.
How may consumer debt be said to have proliferated since the 1990s?
Between 2001 and 2002, credit card debt grew 8.5 percent, and since 1997, credit card debt has grown 36 percent.
