menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Personal Financial Planning Study Set 6
  4. Exam
    Exam 2: Developing Your Financial Statements and Plans
  5. Question
    If Your Liquid Assets Equal $15,000 and Your Current Debts
Solved

If Your Liquid Assets Equal $15,000 and Your Current Debts

Question 98

Question 98

Multiple Choice

If your liquid assets equal $15,000 and your current debts equal $50,000, your liquidity ratio is:


A) 30%.
B) 70%.
C) 143%.
D) 233%.
E) 333%.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q93: If your total assets equal $87,000 and

Q94: INSTRUCTIONS: Choose the word or phrase in

Q95: Jean and Jim have liquid assets of

Q96: The concept that a dollar today is

Q97: A(n) _  is an example of a

Q99: Amit lists his gross salary in the

Q100: If Jenny obtains a loan to purchase

Q101: A balance sheet provides a statement of

Q102: Once you define your _   financial

Q103: INSTRUCTIONS: Choose the word or phrase in

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines