Stevenhas cash in a savings account totaling $14250, and his monthly expenses are $2850. What is his

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Stevenhas cash in a savings account totaling $14250, and his monthly expenses are $2850. What is his emergency fund ratio?

a. 3

b. 0.29

c. 8

d. 5

Related Book For answer-question

South Western Federal Taxation 2015

ISBN: 9781305310810

38th Edition

Authors: William H. Hoffman, William A. Raabe, David M. Maloney, James C. Young

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Posted Date: Apr 01, 2024 02:15 AM

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Stevenhas cash in a savings account totaling $14250, and his monthly expenses are $2850. What is his

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Answer The emergency fund ratio is calculated by dividing the total cash sa... View the full answer

South Western Federal Taxation 2015

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