Question: Case : Karl and June Monroe 1. List the Monroes' financial strengths and weaknesses. 2. After reading the case, what additional information would you request

Case : Karl and June Monroe

1. List the Monroes' financial strengths and weaknesses. 2. After reading the case, what additional Monthly Savings Monthly Gross Income

1. List the Monroes' financial strengths and weaknesses. 2. After reading the case, what additional information would you request from the Monroes, and what actions would you take to complete your data-gathering phase? Calculate the following financial ratios for the Monroes. 3. Liquid Assets Monthly Expenses Liquid Assets Current Debt Payments Net Worth Total Assets Total Debt Total Assets Total Debt Annual Total Income Housing and Monthly Debt Payments Monthly Gross Income Housing Costs Monthly Gross Income Investment Assets Annual Gross Income

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