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Merlie is a bank manager who accumulates a large amount of assets. She has $10,000 cash on hand, a $20,000 chequing account, and a $5,000

Merlie is a bank manager who accumulates a large amount of assets. She has $10,000 cash on hand, a $20,000 chequing account, and a $5,000 savings account. She also has investments in RRSP with a total amount of $100,000, $10,000 Canada Savings Bond, $8,000 money market funds, $5,000 five (5) year term deposit, and $15,000 GIC. How much is the liquid assets of Merlie?

None of the above

$10,000

$35,000

$43,000

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