What is the client's annual level of discretionary cash flow? $12,300$5,300$1,700$8,000 Question 20 (1 point) Which of the following statements is true? I. Your client's current ratio is 5.56 II. The current ratio exceeds industry benchmark levels III. Your client's debt ratio is 5.80 IV. The debt ratio falls below industry benchmark levels I, II, and IV only I, II, III, and IV I, III, and IV only 1, II, and III only II, III, and IV only Question 21 (1 point) What is the client's net worth situation? $125,000 $600,000 $719,700 $725,000 Use the following information to answer the next three questio Your client reports the following details to you: - Income from Job of $125,000 - Reinvested Municipal Bond Interest of $7,000 - Additional Dedicated Expenses of $56,000 - Discretionary Expenses of $74,300 - Monetary Assets of $150,000 - Investment Assets of $100,000 - Retirement Assets of $130,000 - A Home worth $345,000 - Credit Card Liabilities of $27,000 - Other Debt of $98,000 Question 19 (1 point) What is the client's annual level of discretionary cash flow? $12,300 $5,300 $1,700 $8,000