Question: Help Please Asap Thank You Don Shakir has been working at Sapura Kencana Berhad for the past 10 years. At the age of 40 ,

Help Please Asap Thank You Don Shakir has been working at

Sapura Kencana Berhad for the past 10 years. At the age of

Help Please Asap Thank You

Don Shakir has been working at Sapura Kencana Berhad for the past 10 years. At the age of 40 , he is blessed with 4 children. Don Shakir earns RM 20,000 monthly salary and he planned to buy a house in hometown, Kota Bharu Kelantan. Hence, He needs to properly understand his current financial position. Don Shakir pays 11 percent EPF contribution from his gross salary. The following Don Shakir's financial information: FINANCIAL PLANNING 2/8 Using the above information, prepare: (c) Based on your previous statements in (a) and (b), compute and comments the following ratios: i. Debt service ratio ii. Solvency ratio (6 marks) (d) Suggest THREE (3) ways on how Don Shakir can improve his future financial planning. (3 marks) (Total: 25 marks) Don Shakir has been working at Sapura Kencana Berhad for the past 10 years. At the age of 40 , he is blessed with 4 children. Don Shakir earns RM 20,000 monthly salary and he planned to buy a house in hometown, Kota Bharu Kelantan. Hence, He needs to properly understand his current financial position. Don Shakir pays 11 percent EPF contribution from his gross salary. The following Don Shakir's financial information: FINANCIAL PLANNING 2/8 Using the above information, prepare: (c) Based on your previous statements in (a) and (b), compute and comments the following ratios: i. Debt service ratio ii. Solvency ratio (6 marks) (d) Suggest THREE (3) ways on how Don Shakir can improve his future financial planning. (3 marks) (Total: 25 marks)

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