Use the following balance sheet and cash flow statement information to answer the questions below. Liquid assets: $10,000; home value: $210,000; monthly mortgage payment: $1300; investment assets: $90,000; personal property: $20,000; total assets: $330,000; short-term debt: $5500 ($250 a month); long-term term debt: $170,000 ($2100 a month); total debt: $175,500; monthly gross income: $9000; monthly disposable income: $6800; monthly expenses: $6000. Calculate the following. (please show work)
(a) Liquidity ratio
(b) Asset-to-debt ratio
(c) Debt service-to-income ratio
(d) Debt payments-to-disposable income ratio
Answers: 3
Business, 22.06.2019 19:40
Adistinguishing feature of ecological economics is the concept of cost-benefit analysis steady-state economies that, like natural systems, neither grow nor shrink environmental damage and also environmental benefits are external greenwashing to increase public acceptance of products the only healthy economy is one that is growing
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Business, 22.06.2019 20:20
An economic theory that calls for workers to take control of factories is .
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Business, 22.06.2019 22:30
The answer here, x=7, is not in the interval that you selected in the previous part. what is wrong with the work shown above?
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Business, 22.06.2019 23:30
What are consequences of rapid inflation? (select all that apply.) savings accounts become less desirable because interest earned is lower than inflation individual purchasing power increases, which results in an increase in demand. individual purchasing power decreases, which results in a decrease in demand. people postpone purchasing expensive items, such as homes, until prices drop.
Answers: 1
Use the following balance sheet and cash flow statement information to answer the questions below. L...
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