Question
Joel has $1500 cash, $2,000 savings, and $155,000 condo. He has outstanding credit card debt $500, unpaid utility bills $234, home mortgage due within a
Joel has $1500 cash, $2,000 savings, and $155,000 condo. He has outstanding credit card debt $500, unpaid utility bills $234, home mortgage due within a year $13,700, and auto loan due within a year $2,000. The balance on his home mortgage is $123,050. What is Joels liquidity ratio?
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Public Finance In A Changing World
Authors: Peter Birch Sorensen
1998th Edition
0333682211, 978-0333682210
