The amount of liquid funds will vary with your personal circumstances and comfort level. Another useful liquidity guidel

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

The amount of liquid funds will vary with your personal circumstances and comfort level. Another useful liquidity guidel

Post by answerhappygod »

The amount of liquid funds will vary with your personal circumstances and comfort level. Another useful liquidity guideline is to have a reserve fund equal to:

A. 3 to 6 months of income
B. 3 to 6 months of after tax income
C. 4 to 8 months of after tax income
D. 6 to 12 months of income
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!

This question has been solved and has 1 reply.

You must be registered to view answers and replies in this topic. Registration is free.


Register Login
 
Post Reply