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please answer question part( D ) Show all your calculations. Part III Money Management (15 marks) Maggie has determined the following information about her own
please answer question part( D)
Show all your calculations. Part III Money Management (15 marks) Maggie has determined the following information about her own financial situation: Her current account is worth $5,000 and her savings account is worth $50,000. She owns her own home that has a market value of $4,000,000. She has furniture and electrical appliances that worth $60,000 and a home computer and laptop worth She has also purchased some stocks worth $10,000. She has a car worth $30,000. $250,000 and she has a retirement account worth $300,000. Also, Maggie has determined the value of her current liabilities is $35,000 and the value of her long-term liabilities is $2,000,000. What is the value of Maggie's a liquid assets; real estate assets, personal assets; and investment assets? What is the value of Maggie's total assets? b What is the total value of Maggie's debts? c. What is Maggie's net worth? Suggest two actions that Maggie could take to increase her net worth. Show all your calculations. Page 3 of 4 Sources: PF, Kapoor, CF, Berk
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