Temperance's net worth is $50,000. Her debt ratio is 0.5. Her long-term assets total $90,000, and monthly

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Temperance's net worth is $50,000. Her debt ratio is 0.5. Her long-term assets total $90,000, and monthly expenses are $5,000. What is her liquidity ratio?

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Personal Finance

ISBN: 978-1133595830

12th edition

Authors: Thomas Garman, Raymond Forgue

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Posted Date: Mar 03, 2024 01:03 PM

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Temperance's net worth is $50,000. Her debt ratio is 0.5. Her long-term assets total $90,000, and monthly

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To calculate the liquidity ratio we need to determine the liquid assets and divide them by the ... View the full answer

Personal Finance

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