Multiple Choice
If your take-home pay is $30,000 annually and you have $15,000 in liquid assets and $5,000 in current liabilities,you have about
A) six months' of liquid reserves,which is good.
B) two month's of liquid reserves,which is poor.
C) four month's of liquid reserves,which is fair.
D) six years of liquid reserves,which is excessive.
Correct Answer:
Verified
Correct Answer:
Verified
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