Azman and Sofia are trying to figure out their financial health. They will pay off their car loan in three years. Their gross household income is RM3,800 per month, and they receive RM75 per month in interest income from their investments. They have listed the following items from their most recent statements:
- Akaun simpanan/Savings account: RM1,200
- Akaun semasa/Checking account: RM800
- Baki kad kredit/Credit card balance: RM1,000
- Baki pinjaman kereta/Car loan balance: RM12,000
- Nilai pasaran kereta/Car market value: RM8,000
- Nilai pasaran perabot/Furniture market value: RM2,000
- Saham dan bon/Stocks and bonds: RM10,000
a) Apakah nilai bersih semasa mereka? What is their current net worth? (4 markah/marks)
b) Andaikan mereka tidak mempunyai bil semasa selain daripada yang disenaraikan, apakah nisbah semasa mereka? Assuming that they have no current bills other than those that are listed, what is their current ratio? (4 markah/marks)
c) Apakah nisbah hutang mereka? What is their debt ratio? (4 markah/marks)
d) Berapakah nisbah perbelanjaan hidup lindungah bulanan mereka? What is their monthly living expenses covered ratio? (4 markah/marks)
e) Bincangkan mengapa kunci kira-kira merupakan alat yang berguna untuk memeriksa kedudukan kewangan semasa anda? Discuss why the balance sheet is a useful tool to examine your current financial position? (4 markah/marks)