Personal Finance: Turning Money into Wealth (7th Edition) (Prentice Hall Series in Finance)
7th Edition
ISBN: 9780133856439
Author: Arthur J. Keown
Publisher: PEARSON
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Question
Chapter 2, Problem 3PA
Summary Introduction
To determine:
Saving ratio after making income statement.
Introduction:
Saving ratio shows the how much they are saving with the amount of money that they have for their living expenditure. It is calculated by dividing income available for savings and investment from income available for living expenditure.
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Personal Finance: Turning Money into Wealth (7th Edition) (Prentice Hall Series in Finance)
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