What is Jerry's saving ratio if he has the following: Cash in bank: $4,000 Net worth: 44,000

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What is Jerry's saving ratio if he has the following:

Cash in bank: $4,000

Net worth: 44,000

Liabilities: 8,000

Current liabilities: $450

Monthly credit payments: $200

Monthly savings: $100

Monthly expenses: $400

Net pay: $1,200

Gross pay: 1,900

Related Book For answer-question

Income Tax Fundamentals 2013

ISBN: 9781285586618

31st Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

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Posted Date: Feb 04, 2024 12:39 AM

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What is Jerry's saving ratio if he has the following: Cash in bank: $4,000 Net worth: 44,000

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Income Tax Fundamentals 2013

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