Whys is the selected answer, right? Please explain how to get to this answer.

10 out of 10 pol Use the following financial information for Jay (age 30) and Maria (age 30) Handberger: - Cash and Cash Equivalents: 575,000. Investment Assets: $220,000. Personal Use Assets: $350,000 . Current Liabilities: $45,000 . Long-Term Liabilities: $300,000 Before your next meeting with the Handbergers, you create a ple chart to visually depict their current balance sheet. Utilizing targeted benchmarks, which of the following statements are you most likely to make during your next meeting? 20s - 305 405 - 50s 60s-70s Cash & Cash Equivalents 5 - 2096 5 - 2096 5 - 2096 Assets Investment Assets 30 - 6096 60 - 7096 0 - 3096 Personal Use Assets 25 -60% 15 - 30% 55-9096 10 - 20% 10 - 20% 0 - 1096 Liabilities Current Liabilities Long-Temin Liabilities 40 - 72% 16-4896 8 - 249 Net Worth Net Worth 8 - 5096 32 - 74% 66-8296 Selected Answer: Answers: a. a. "Given your assets and liabilities, your net worth is appropriate for your age group." "Given your assets and liabilities, your net worth is appropriate for your age group." b. "Your investment assets make up 349 of your asset ple chart, which is too low for your age group." "Relative to the rest of your assets, your cash and cash equivalents are too low for your age group." d. "Compared to your net worth and current liabilities, your long-term liabilities are excessive for your age group." C