Wendy Wilson,a Successful College Graduate,is Currently Employed in a Position

Multiple Choice

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.

A) Less than three weeks
B) About two months
C) Approximately seven months
D) Approximately eleventh months