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Amys annual salary is $75,000. Her monthly non discretionary expenses are $6,000. Her current liabilities are $2,000. She has $5,000 in her checking account and
Amys annual salary is $75,000. Her monthly non discretionary expenses are $6,000. Her current liabilities are $2,000. She has $5,000 in her checking account and $6,000 in her savings account at Wells Fargo. She contributes 10% to her 401k plan. What is her current ratio?
Group of answer choices
6.2x
5.5x
4.0x
15.1x
2)Which of the following is a good benchmark for savings for retirement as a percent of gross income for a client who is between age 35 and 45?
Group of answer choices
20-40%
13-20%%
10-15%
20-25%
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