Question: Using the following statistics, calculate Jackson's current and emergency fund ratios. Current assets .......................... $2,000 Current liabilities ....................... 1,000 Liquid assets ............................ 8,000 Marketable securities
Using the following statistics, calculate Jackson's current and emergency fund ratios.
Current assets .......................... $2,000
Current liabilities ....................... 1,000
Liquid assets ............................ 8,000
Marketable securities ................ 20,000
Monthly household ................... $6,000
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