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Instructions: a . Calculate their projected monthly income surplus or deficit. b . Calculate their combined net worth. c . Calculate the following financial ratios
Instructions:
a Calculate their projected monthly income surplus or deficit.
b Calculate their combined net worth.
c Calculate the following financial ratios for Tarek and Samantha:
Current ratio.
Debt ratio.
Savings ratio.
d Calculate the emergency fund savings ratio for Tarek and Samantha, assuming that their monthly living expenses, in the case of an emergency, include all expenses less taxes, sports and hobbies, retirement savings, and vacations.
e Describe their situation based on your emergency savings fund calculation from part d
f What investment assets would be most appropriate for their emergency savings fund?
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