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Which statement concerning financial ratios is not correct? a. Ideally, a front end mortgage payment should be less than 28%. b. The ideal benchmark for
Which statement concerning financial ratios is not correct? a. Ideally, a front end mortgage payment should be less than 28%. b. The ideal benchmark for a current ratio should be greater than 1.00 c. An emergency fund ratio formula divides current assets by monthly living expenses. d. The formula for a debt ratio divides total liabilities by mortgage payments
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Fundamentals of Investment Management
Authors: Geoffrey Hirt, Stanley Block
10th edition
0078034620, 978-0078034626
