Mr John is trying to measure his financial health using ratios (also known as financial thermometers) He is also planning to pay off his car loan in five (5) years and receiving a monthly gross salary of RM8,000 He has listed the following items from his most recent statements Savings account RM9,200 Checking account RM800 Credit card balance RM8,000 Car loan balance RM20,000 Car market value RM10,000 Furniture market value RM5,000 Stocks and bonds RM20,000 Assuming that Mr John has no current bills other than those that are listed, what is his current ratio Select one a 1 25 times b 2 times c 0 59 times d 9,200 8,000 e Not enough information available Which of the following statement (s) is incorrect for Islamic will Select one a A Muslim has a right of disposal up to 2 3 of his net estate b In the Quran, in verse 2 from 180 182, writing of an Islamic will requires two witnesses c This may be bequeathed to anyone not entitled to a fixed share under Sharia principles d The purpose of preparing will can be of a charitable nature or any other purpose permissible by Islam Mr John is trying to measure his financial health using ratios (also known as financial thermometers) He is also planning to pay off his car loan in five (5) years and receiving a monthly gross salary of RM8,000 He has listed the following items from his most recent statements Savings account RM9,200 Checking account RM800 Credit card balance RM8,000 Car loan balance RM20,000 Car market value RM10,000 Furniture market value RM5,000 Stocks and bonds RM20,000 What is Mr Johns debt ratio Select one a 0 59 b 0 59 c 0 62 d 1 61 e 0 44 Porinita is a single mother and trying to find where her money goes because she is not saving as much as she thinks she is Use the following information to answer the question Gross monthly income RM5,000 Income taxes withheld monthly RM300 Monthly interest income from investments RM300 Monthly insurance payments RM500 Monthly housing expenses RM2000 Monthly food expenses RM900 Miscellaneous expenses RM2000 What is Porinitas net income Select one a RM100 b RM(700) c Not enough information available to answer question d RM(400) e RM1200

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Mr. John is trying to measure his financial health using ratios (also known as financial thermometers). He is also planning to pay off his car

Mr. John is trying to measure his financial health using ratios (also known as financial thermometers). He is also planning to pay off his car loan in five (5) years and receiving a monthly gross salary of RM8,000. He has listed the following items from his most recent statements.

Savings account: RM9,200

Checking account: RM800

Credit card balance: RM8,000

Car loan balance: RM20,000

Car market value: RM10,000

Furniture; market value: RM5,000

Stocks and bonds: RM20,000

Assuming that Mr. John has no current bills other than those that are listed, what is his current ratio?

Select one:

a. 1.25 times

b. 2 times

c. 0.59 times

d. 9,200/8,000

e. Not enough information available

Which of the following statement (s) is incorrect for Islamic will

Select one:

a. A Muslim has a right of disposal up to 2/3 of his net estate.

b. In the Quran, in verse 2 from 180-182, writing of an Islamic will requires two witnesses.

c. This may be bequeathed to anyone not entitled to a fixed share under Sharia principles.

d. The purpose of preparing will can be of a charitable nature or any other purpose permissible by Islam.

Mr. John is trying to measure his financial health using ratios (also known as financial thermometers). He is also planning to pay off his car loan in five (5) years and receiving a monthly gross salary of RM8,000. He has listed the following items from his most recent statements.

Savings account: RM9,200

Checking account: RM800

Credit card balance: RM8,000

Car loan balance: RM20,000

Car market value: RM10,000

Furniture; market value: RM5,000

Stocks and bonds: RM20,000

What is Mr. Johns debt ratio?

Select one:

a. 0.59

b. 0.59

c. 0.62

d. 1.61

e. 0.44

Porinita is a single mother and trying to find where her money goes because she is not saving as much as she thinks she is. Use the following information to answer the question.

Gross monthly income: RM5,000

Income taxes withheld monthly: RM300

Monthly interest income from investments: RM300

Monthly insurance payments: RM500

Monthly housing expenses: RM2000

Monthly food expenses: RM900

Miscellaneous expenses: RM2000

What is Porinitas net income?

Select one:

a. RM100

b. RM(700)

c. Not enough information available to answer question