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2. Advise the Sampsons on money market invest ments they should consider to provide them with adequate liquidity. Personal Balance Sheet Assets Liquid Assets Cash

image text in transcribed2. Advise the Sampsons on money market investimage text in transcribedments they should consider to provide them with adequate liquidity.

Personal Balance Sheet Assets Liquid Assets Cash Checking account Savings account Total liquid assets $300 1700 $2,000 Household Assets Home Car Furniture Total household assets $100,000 9,000 3,000 $112,000 Investment Assets Stocks Bonds Mutual Funds Total inuestment assets Total Assets $114,000 Liabilities and Net Worth Current Liabilities Loans Credit card balance Total current liabilities 2,000 $2,000 Long-Term Liabilities Mortgage Car loan Total long-term liabilities $90,000 $90,000 $32,000 Total Liabilities Net Worth $22,000

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