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After analyzing your personal financial statements, suppose that you calculate your Basic Liquidity Ratio to be 1.50. What can you conclude about your financial situation?
After analyzing your personal financial statements, suppose that you calculate your Basic Liquidity Ratio to be 1.50. What can you conclude about your financial situation? You have insufficient funds to cover the recommended amount of monthly expenses in an emergency. Your Basic Liquidity ratio is within the recommended range of 1.0 - 2.0. Your monetary assets are less than your typical monthly expenses. You need to increase your investment assets as a percent of your total assets
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