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Dear helper, please answer all the questions above neatly. Will rate you. Rahman and Rohani are married couple in their mid-20s. Rahman is a computer

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Dear helper, please answer all the questions above neatly. Will rate you.

Rahman and Rohani are married couple in their mid-20s. Rahman is a computer analyst while Rohani works as an assistant manager. Since their marriage five (5) years ago, Rahman and Rohani have been living comfortably. Their income has exceeded expenditures. Now Rohani is two months pregnant and is concerned whether whatever they are making can meet their requirement. This is because she may have to quit working after their child is born. Rahman told Rohani not to worry but the arguments given by Rahman are not convincing to her. Because of this she starts to gather all related information. Below is the financial information that she has for the year ending 31/12/2018. Salaries Take-home (RM) 26,480 18,090 Gross salary (RM) 38,350 26,000 Rahman Rohani Amount (RM) 4,200 2,300 9,400 2,000 1,990 4,500 640 2,650 7,500 675 16,940 2,210 85 Expenditures Food Clothing Mortgage payments, including propoerty yaxes (RM 1,400) Travel and entertainment card balances Electricity and water Household furnishing Telephone Auto loan balance Common stock investment Bank credit card balances Income taxes Credit card loan payments Cash on hand 2014 Nissan Sentra Medical Expenses (non reimbursed) Homeowner's insurance premiums paid Checking account balance Auto insurance premiums paid Transportation Cable Television Estimated value of home Trip to Australia Recreation and entertainment Auto loan payments Money market account balance Purchase of common stock Adddition to money market account Mortgage on home 4,000 600 400 485 800 2,800 480 85,000 5,000 4,000 2,150 2,500 7,500 500 70,000 QUESTIONS: 1) Using the information, construct this family's balance sheet and income statement for the year ending 31/12/2018 2) Calculate the related financial ratios that is the liquid assets to take-home pay ratio, liquidity ratio, debt ratio and debt service coverage ratio. 3) Comment on the family financial condition at the present and comment on what will happen it Rahman still insists on Rohani quitting her job after giving birth to their first child. Rahman and Rohani are married couple in their mid-20s. Rahman is a computer analyst while Rohani works as an assistant manager. Since their marriage five (5) years ago, Rahman and Rohani have been living comfortably. Their income has exceeded expenditures. Now Rohani is two months pregnant and is concerned whether whatever they are making can meet their requirement. This is because she may have to quit working after their child is born. Rahman told Rohani not to worry but the arguments given by Rahman are not convincing to her. Because of this she starts to gather all related information. Below is the financial information that she has for the year ending 31/12/2018. Salaries Take-home (RM) 26,480 18,090 Gross salary (RM) 38,350 26,000 Rahman Rohani Amount (RM) 4,200 2,300 9,400 2,000 1,990 4,500 640 2,650 7,500 675 16,940 2,210 85 Expenditures Food Clothing Mortgage payments, including propoerty yaxes (RM 1,400) Travel and entertainment card balances Electricity and water Household furnishing Telephone Auto loan balance Common stock investment Bank credit card balances Income taxes Credit card loan payments Cash on hand 2014 Nissan Sentra Medical Expenses (non reimbursed) Homeowner's insurance premiums paid Checking account balance Auto insurance premiums paid Transportation Cable Television Estimated value of home Trip to Australia Recreation and entertainment Auto loan payments Money market account balance Purchase of common stock Adddition to money market account Mortgage on home 4,000 600 400 485 800 2,800 480 85,000 5,000 4,000 2,150 2,500 7,500 500 70,000 QUESTIONS: 1) Using the information, construct this family's balance sheet and income statement for the year ending 31/12/2018 2) Calculate the related financial ratios that is the liquid assets to take-home pay ratio, liquidity ratio, debt ratio and debt service coverage ratio. 3) Comment on the family financial condition at the present and comment on what will happen it Rahman still insists on Rohani quitting her job after giving birth to their first child

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