Cite at least one reference
175 – 265 words
Respond to the following:
Dr. Susan Jones
4/20/22, 7:51 AM
Another important ratio for a business (and an individual) is the Debt‐to‐Income Ratio. This ratio is helpful for showing a company has too much debt compared to income.
Personal basis: The recommended amount for individuals is 36% or less. If one is reaching or over 36%, one needs to set appropriate goals to help reduce or eliminate debt.
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