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Wendy Wilson, a successful college graduate, is currently employed in a position paying $49,500 a year. Wendy's annual living expenses are only $42,000 so she
Wendy Wilson, a successful college graduate, is currently employed in a position paying $49,500 a year. Wendy's annual living expenses are only $42,000 so she has accumulated $7,200 in monetary assets and $27,000 in investment assets since her graduation. Use the liquidity ratio to figure how long Wendy could pay expenses if she were to lose her job.?
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