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15. Calculate the following ratios using information provided below: Personal Balance Sheet $ Assets Bank account 1,500 Furniture/personal effects 8,000 Car 12,000 Managed fund

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15. Calculate the following ratios using information provided below: Personal Balance Sheet $ Assets Bank account 1,500 Furniture/personal effects 8,000 Car 12,000 Managed fund (long term) 14,000 Superannuation 25,000 Total assets 60,500 Liabilities Personal loan 15,000 Total liabilities 15,000 5

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