Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. family's asset & liabilities ...

Family's Asset & Liabilities ...

60.1K

Verified Solution

Question

Finance

Family's Asset & Liabilities
Checking account $4400
Savings account $12500
Credit Card account $6100
Utility Bill $550
Home $329000
Mortgage (30 years) $238000
Car $20000
Car loan (60 months) $18200
Student loan (7 years) $29000
Household items $14500
Retirement account $68000
Other assets $40500

What is the current ratio?

3.77

1.22

2.31

2.54

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Physics
1.2K views

74 If the uncertainity in position and velocity is same then the value of Ax...

Biology
1.2K views

Explain the differences between beer, ale, wine (red and white), brandy, and scotch? What effect does...

Chemistry
1.2K views

Which term in the Van Deemter equation is affected by the following changes and would plate...

Biology
1.2K views

EXPLAIN how the PMF is produced and Describe TWO ways it is used to do work.

Mechanical Engineering
1.2K views

In Systems Engineering, What is CM? What is Change Management? What are their similarities and what...

General Management
1.2K views

Case 3-1 You Can't Get There From Here: Uber Slow on Diversity Established in 2009, Uber provides...

Biology
1.2K views

What trait determines whether two animals belong to the same species

Calculus
1.2K views

Given y 5x 2x find dy dt dy dt when x 1 and Simplify your...

Accounting
1.2K views

Please verify answered questions are correct and solve for #2. Options...

Accounting
1.2K views

The objectives of a firm that constitute its core beliefs and values are known as...

Accounting
1.2K views

8. ABC Co. presented the Stockholders' Equity section of its balance sheet on January 1,...

Accounting
1.2K views

Blossom Company started the year with $59000 in its Common Stock account and a balance...