0
It means that the person's debt is equivalent to 99 percent of their [annual] income.
Wiki User
∙ 14y ago
Add your answer:
Earn +20 pts
What mean 20 percent in ratio?
20% = 20/100.
How did percent become percent?
if you mean why is it called percent then it's latin...per is per or the ratio and cent is one hundered
What is the difference between ratio and percent?
Ratio is another form of a fraction, for instance: I have 1 apple to two oranges, which can be expressed as 1:2 (ratio) or 1/2 (fraction) which basically mean the same thing. Percent (%) is when you actually DIVIDE and multiply that decimal by 100%. For instance, with the apple and oranges, 1/2 becomes 0.5. 0.5 x 100= 50%.
Does the math term ratio mean multiply?
No, the math term ratio doesn't mean multiply.
What is the ratio of 1545?
If you mean 15 and 45 then the ratio is: 1 to 3
What does credit evaluation mean?
Your credit vs debt ratio is analyzed. This is the evaluation.
If the debt equity ratio is 1.0?
it's mean that total assets and total liabilities are equal for example: total assets are 50,000 and total liabilities are 50,000 so the debt ratio is 1
What mean 20 percent in ratio?
20% = 20/100.
How did percent become percent?
if you mean why is it called percent then it's latin...per is per or the ratio and cent is one hundered
What does percent mean in math?
A percent is a ratio whose denominator is 100. I know this because I am a math teacher'part of a hundred'
How do you calculate debt to service ratio?
Debt Service Ratio and Debt Coverage Ratio mean the same thing. To calculate, * Add back any interest expense to get 'Cashflow Available to Pay Debt'. * Divide Cashflow Available to Pay Debt' by the debt payments for the period. * An answer of 1.0 or better means there is just enough cashflow to cover the debt. * Most lenders want to see 1.2 to 1.3 for a business Example: Net Income for the year $5,000 after a deduction of $10,000 interest expense. Debt payments of $1,200 per month. ($1,200 x 12 =$14,400 per year) Cashflow Available to pay Debt $5,000 plus $10,000 equals $15,000. Debt Service Ratio: $15,000/$14,400 1.04 Probably not enough to keep the commercial lenders happy.
Can an individual exit the UK with personal debt?
If you mean (for example) to go on holiday - then there's no reason why not. If, however, you mean to escape paying back the debt - many countries have agreements with each other to recover a persons debt no matter which country they emigrate to.
If a Team consists 20 members in which 20 percent are mathematician then how many member should they hire sothat the ratio would become 1011?
1011 is not a ratio. If you mean 1 out of 11 then the answer is 24.
What does a letter from debt collector asking for ten percent of balance mean?
It means they want 10 percent of the outstanding balance they claim you owe. For example, if the balance is $800, they want only $80.
What does percent equation mean?
A percent equation refers to the process of finding the percent of a quantity. For example, a percent equation for 70 questions correct out of 100 would be 70/100 = .7, or 70%. For any number, the percent is the numerator of an equivalent ratio whose denominator is 100.
What ratio is the same as 30 percent?
30 is not a ratio. In a ratio, two numbers are always specified, for example, 30:1. If that's what you mean, you can simply multiply both numbers - in this case, 30 and 1 - by any real number (both by the same real number), to get an equivalent ratio.
What is the difference between ratio and percent?
Ratio is another form of a fraction, for instance: I have 1 apple to two oranges, which can be expressed as 1:2 (ratio) or 1/2 (fraction) which basically mean the same thing. Percent (%) is when you actually DIVIDE and multiply that decimal by 100%. For instance, with the apple and oranges, 1/2 becomes 0.5. 0.5 x 100= 50%.
