Question
Calculate both your Liquidity Ratio and Net Worth. Once you've done that, write a brief (couple paragraphs) analysis. Don't have to include any personal numbers,
Calculate both your Liquidity Ratio and Net Worth. Once you've done that, write a brief (couple paragraphs) analysis. Don't have to include any personal numbers, but tell me what you found out, how you feel about it, and what/if you plan to change going forward.
regular purchases that we could probably do without and that can add up to some serious money in the long run. So, think of one regular purchase you make that you could do without. It could be coffee, fast food, soft drinks, or something else, like video/music subscriptions. Use the calculator on the page to see what the long-term cost of that purchase is, and respond to me by telling me what you purchase is, how much it costs you long-term, and whether you think it's worth it to maintain purchasing that item.
Assignment Summary:
Your response should be about 3 quarters of a page and should contain discussion about the following items:
- your liquidity ratio (guess liquidity ratio is 10 and net worth is 30,000 but it doesn't require any numbers)
- your net worth
- your latte factor purchases/results( guess any number for music subscriptions)
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