Use the following financial information for Jay (age 30) and Maria (age 30) Handberger:

Cash and Cash Equivalents: $75,000 Investment Assets: $220,000 Personal Use Assets: $350,000 Current Liabilities: $45,000 Long-Term Liabilities: $300,000

Before your next meeting with the Handbergers, you create a pie chart to visually depict their current balance sheet. Utilizing targeted benchmarks, which of the following statements are you most likely to make during your next meeting?

Group of answer choices

Your investment assets make up 34% of your asset pie chart, which is too low for your age group.

Given your assets and liabilities, your net worth is appropriate for your age group.

Relative to the rest of your assets, your cash and cash equivalents are too low for your age group.

Compared to your net worth and current liabilities, your long-term liabilities are excessive for your age group.