Question

You have two credit cards. The limit of the first card is in B2 and the balance is in C2. For the second card, the limit is in B3 and the balance is in C3. There is no other information on the page. If you want to write a formula that will calculate the total debt ration for all of the cards in D2, what formula could you write? This is talking about Microsoft excel cells plze help!!!

Answer 1

The formula would be A2+B2=C2
C2-B2=A2
C2-A2=B2

Answer 2

Debt ratio= total liabilities/ total assets is the formula that you would use to calculate the total debt ration for all of the cards in D2.