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Author Question: Raymond feels that he is wealthy because he has cash in the bank, two expensive cars worth about , ... (Read 231 times)

torybrooks

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on: Nov 11, 2019
Raymond feels that he is wealthy because he has cash in the bank, two expensive cars worth about , and a house worth $1 million. However, he also carries a credit card liability and has a bank loan due within six months. What financial problem does Raymond have?
◦ Fixed assets are too high.
◦ Current ratio is too low.
◦ Total net worth is too low.
◦ Liquidity ratio is too low.
Personal Finance ¦ Madura, Gill ¦ 3rd Edition
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Marked as best answer by torybrooks on Nov 11, 2019

bhavsar

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Reply #1 on: Nov 11, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Peng Molly

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Reply #2 on: Feb 29, 2020
Thank you


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