Question: Which statement is true? Points: 1 Individuals should seek to maximize their current ratio. A high savings ratio indicates a high debt-to-asset ratio. In general,

Which statement is true?

Points: 1

  1. Individuals should seek to maximize their current ratio.

  2. A high savings ratio indicates a high debt-to-asset ratio.

  3. In general, the debt to asset ratio rises as one moves through the 6 life stages.

  4. The liquidity ratio should fall between 3 and 6.

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