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JUST THE FINAL ANSWER Styles 54. Investment in collectibles will expose you to market. risk because of the A. systematic, small B. operational, unfavourable C.

image text in transcribedJUST THE FINAL ANSWER

Styles 54. Investment in collectibles will expose you to market. risk because of the A. systematic, small B. operational, unfavourable C. liquidity, thin D. market, tough 55. In terms of car, what would be your fixed cost? A. Insurance B. Tires C. Petrol D. All of the above. 56. The advantage of renting an apartment is: - A. No fixed cost B. Mobility C. Build equity D. Permanency 57. What does good credit say about you? A. You make a lot of money. B. You have a lot of credit cards. C. You are easy to trust with a loan. D. Your bank balance is in the positive. 58. Which of the followings is NOT a key to saving money: - A. Focus B. Making saving a habit and a priority C. Your income D. Discipline 59. What does a current ratio of 10 time show? A. You can cover all your current and long term debt. B. You can cover all your debt. C. You have enough money to pay you short term debt. D. You should keep assets in liquid form. 60. Which financial ratio should go down as you grow older: - A. Current ratio. B. Month living expenses ratio. C. Debt ratio. D. Saving ratio

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