Question: Robert has saved $7,500 in cash, $800 in a checking account, $325 in a savings account, $487 in a money market account, and $4,500 in
Robert has saved $7,500 in cash, $800 in a checking account, $325 in a savings account, $487 in a money market account, and $4,500 in a retirement account. His monthly expenses are $3,900. Using the liquidity ratio, how long could he live on his monetary assets if he were to lose his job? Make commons on his liquidity ratio. O 4.3 Yes, he has a good liquidity ratio. 2.3 No, he does not have a good liquidity ratio. 3.5 Yes, he has a good liquidity ratio. 3.3 No, he does not have a good liquidity ratio.
Robert has saved $7.500 in cash, $800 in a checking account, $325 in a savings account, $487 in a money market account, and $4,500 in a retirement account. His monthly expenses are $3,900. Using the liquidity ratio, how long could he live on his monetary assets if he were to lose his job? Make commons on his liquidity ratio. 4.3 Yes, he has a good liquidity ratio. 2.3No, he does not have a good liquidity ratio. 3.5 Yes, he has a good liquidity ratio. 3.3No, he does not have a good liquidity ratio
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