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Question 5 of 10
A bank analyzes potential borrowers' debt-to-income ratio in order to find out:
O A. whether they have ever failed to make timely payments on other
loans.
OB. how much money they owe in other debts compared to how much
they earn.
O c. the value of their house and car, which can be used as collateral
for a loan.
O D. the total amount of debt they have accumulated and paid off over
a lifetime.
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Respuesta :

sidefly123

Answer:

B

Explanation:

just got it right on A P E X

The bank analyzes potential borrowers' debt-to-income ratio in order to find out option b. how much money they owe.

What is the debt to income ratio?

It is the rato that shows in the percentage form with respect to the gross income to the paying debts.

So at the time when the bank analyzes potential borrower so here the money that owe should be compared with the earning amount.

Hence, the option b is correct.

Learn more about ratio here: https://brainly.com/question/24542733