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?
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
Section: Chapter Questions
Problem 1PS
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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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