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Assume the following annual financial information for Kelli (age 30): Income (after taxes) $80,000 Savings $2,500 Rent $18,000 Dry Cleaning $200 Entertainment $2,000 Utilities $1,800

Assume the following annual financial information for Kelli (age 30): Income (after taxes) $80,000 Savings $2,500 Rent $18,000 Dry Cleaning $200 Entertainment $2,000 Utilities $1,800 Car Payment $6,600 Auto Insurance $2,400 Student Loans $6,000 Credit Cards $1,200 Utilizing targeted benchmarks, which of the following statements is FALSE regarding Kelli's financial situation? Question 6 options: Kelli's Housing Ratio 1 is adequate Kelli's emergency fund is adequate Kelli's Housing Ratio 2 is deficient Kelli's current ratio is less than 1

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