Posted: July 25th, 2021
Which of the following is a strength(s) related to the Mayfields’ financial situation?
a.The savings rate, as measured by the savings ratio, is acceptable at this time.
b.Debt, as a percentage of net worth, is low as measured by industry ratios.
c.Peter and Ann can easily pay off all of their debt using monetary assets.
d.All of the above statements represents strengths.
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