Personal Finance (8th Edition) (What's New in Finance)
8th Edition
ISBN: 9780134730363
Author: Arthur J. Keown
Publisher: PEARSON
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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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