Question: Question 34 (5 points) Financial Ratio Please use the data below to answer the following Car 1 Car 2 50,000 35,000 Mortgage Balance Monthly

Question 34 (5 points) Financial Ratio Please use the data below to answer the following Car 1 Car 2 50,000 35,000 Mortgage Balance Monthly PITI 185000 1600 Car 1 Loan Balance 16,000 Car 1 Monthly Payment $400 401(k) Balance $200,000 Monthly Savings Contribution to 401(k) $1,200 House Value $400,000 Other non discretionary monthly expenses $500 Monthly income before taxes $5,000 Savings Account Balance $5,000 1. What is the total dollar amount of assets? 2. What is the total dollar amount of liabilities? 3. What is the total dollar amount net worth? 4. What is HR1 and HR2? Is this good or bad? 5. What is the emergency fund ratio? Is this good or bad? Note: Please show your work. Do not just enter the number.

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