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Given the following, what is the liquidity ratio? Item Annual Amount/Value Home $450,000 Mortgage $300,000 Stock portfolio $65,000 Bank accounts $10,000 Credit card balances $15,000
Given the following, what is the liquidity ratio?
| Item | Annual Amount/Value |
| Home | $450,000 |
| Mortgage | $300,000 |
| Stock portfolio | $65,000 |
| Bank accounts | $10,000 |
| Credit card balances | $15,000 |
| Automobile | $30,000 |
| Automobile loan | $20,000 |
| Total annual expenses | $70,000 |
Points: 1
- 1.07
- 1.71
- 1.21
- 0.14
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Mergers, Acquisitions and Other Restructuring Activities
Authors: Donald DePamphilis
8th edition
9780128024539, 128013907, 978-0128013908
