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    Personal Finance Study Set 2
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    Exam 3: Financial Statements,tools,and Budgets
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    Tran Zhao Has Monetary Assets Valued at $17,500 and Monthly
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Tran Zhao Has Monetary Assets Valued at $17,500 and Monthly

Question 22

Question 22

Multiple Choice

Tran Zhao has monetary assets valued at $17,500 and monthly expenses of $2,525.Using the liquidity ratio,how long could Tran live on his monetary assets if he were to lose his job?


A) Over 12 months
B) About 7 months
C) About 3 month
D) Less than 1 month

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