ouse and Contents    $300,000 Cash   $ 10,000 Home loans $ 180,000 Motor vehicles $ 25,000 Home loan repayment (p.a)  $ 13,000 Superannuation $ 85,000 Credit card  $ 4,000 Income (after tax) $ 55,000   What is the liquidity ratio?

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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House and Contents    $300,000

Cash   $ 10,000

Home loans $ 180,000

Motor vehicles $ 25,000

Home loan repayment (p.a)  $ 13,000

Superannuation $ 85,000

Credit card  $ 4,000

Income (after tax) $ 55,000

 

What is the liquidity ratio?

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