If total llabilities equal $32,633 and owner's equity equals $33,968, the total value of assets is A.$33,968
B.$66,601
C. cannot be determined from information given
D.$100,569

Having a long credit that will be corrected is better that a short credit that is clear is simply because with long credit history, a prospective lender can see how you have operated your credit facility over a considerable period. nobody's credit history is perfect - everyone has at least 1 or 2 lapses on their record. have short history of your credit doesn't show patterns or trends of persistent late payments.