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Alexander and Nancy is a married couple in late 3 0 s with 1 years old kid living in Hong Kong. They have bought an
Alexander and Nancy is a married couple in late s with years old kid living in Hong
Kong. They have bought an apartment years ago. Alexander is a senior manager
working in a financial service company over years. Nancy is a fulltime mother taking
care of the kid together with a helper at home. They have no insurance policy. Below is
the financial situation of Alexander and Nancy.
Current Asset Current Market Value
Bank Deposit
Equity and bonds
Unit trust Funds
Long term Asset
Residential Flat $
Liability
Credit card balance overdue $
Mortgage loan interest rate pa $
Income Per month
Alexanders Salary
Mortgage payment
Child, food and household expenses
Parent Living support
Automobile expenses
Helper Expenses
Entertainment
Tax
Miscellaneous expenses
Mandatory MPF contribution
Round to decimal points for your answer
a What is Alexanders net worth? @
b What is Alexanders solvency ratio? @
c What is Alexanders liquidity ratio? @
d What is Alexanders saving ratio? @
e As a Financial planner, based on the financial data gathered above and ratios you
have calculated, analyze the financial situation of Alexander and if you think he is not
in good shape, please identify three potential problems you anticipated with
suggested solutions to those area your highlighted to Alexander. @
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