9. How do you calculated the liquidity ratio and what does it tell you? 10. What are liquid assets? 11. What are the factors that typically influence the choice of where to maintain a checking account? 12.In an account reconciliation, (a) what should you do with the interest earned on your account and (b) what the steps in calculating the adjusted bank balance in an account reconciliation? 13.Define the following related to a check: Outstanding, Endorsed and Certified. 14. What is a checkbook ledger? 15. What is the difference between fixed and variable costs? 16. What is capitalized cost? 17. What is private mortgage insurance?

9. How do you calculated the liquidity ratio and what does it tell you? 10. What are liquid assets? 11. What are the factors that typically influence the choice of where to maintain a checking account? 12.In an account reconciliation, (a) what should you do with the interest earned on your account and (b) what the steps in calculating the adjusted bank balance in an account reconciliation? 13.Define the following related to a check: Outstanding, Endorsed and Certified. 14. What is a checkbook ledger? 15.What is the difference between fixed and variable costs? 16. What is capitalized cost? 17. What is private mortgage insurance