Question: ASAP please Calculate the long-term debt coverage ratio based on the following information (keep two decimal places). I have $10000 in my checking account. My

Calculate the long-term debt coverage ratio based on the following information (keep two decimal places). I have $10000 in my checking account. My current annual before-tax pay is $138000. Federal, state and social security taxes sum into $10000 over the year. My employer also deducts $17000 from my before-tax income for my pension account every year. I also choose to contribute $7000 to a tax-deferred individual retirement account every year. My monthly PITI (principle, interest, tax and insurance associated with my house and mortgage loan) is $1400. I also need to pay $600 a month for my outstanding student loan. The total monthly expense of utilities, food, gas, clothing and recreation is $1700. I also need to pay $300 every month for the car I leased one year ago. Your Answer: Answer Calculate the savings ratio based on the following information (keep two decimal places). I have $4000 in my checking account. My current annual before-tax pay is $135000. Federal, state and social security taxes sum into $15000 over the year. My employer also deducts $9000 from my before-tax income for my pension account every year. I also choose to contribute $3000 to a tax-deferred individual retirement account every year. My monthly PITI (principle, interest, tax and insurance associated with my house and mortgage loan) is $1800. I also need to pay $800 a month for my outstanding student loan. The total monthly expense of utilities, food, gas, clothing and recreation is $2700. I also need to pay $300 every month for the car I leased one year ago. Your
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