Family Resource Management

FCS320      Family Resource Management

Assignment #1: (100 points)                   Name ______________

                                                                                       (Please print)

James (36) and Nikki (33) have a daughter (3).  Nikki works for ABC Company and James is self-employed. They bought a house four years ago as their primary residence. Their health insurance plan (BlueCross) is offered by ABC Company. Neither of them has life insurance or disability insurance. James does not buy business liability insurance for his mechanic shop. They do not have will or trust. They do not name guardian for their daughter, either.

  1. Calculate the following ratios and comment on your results. (60 points) Show your work for full credits.
    1. Solvency ratio
    2. Current ratio
    3. Emergency fund ratio
    4. Savings ratio
    5. Front-end ratio (housing-expenses)
    6. Back-end ratio (total debt)


  1. Based on their financial statements and calculations, evaluate their financial strengths and weaknesses. (30 points)


  1. What should they do to improve their financial status? (10 points)


Need a Professional Writer to Work on this Paper and Give you Original Paper? CLICK HERE TO GET THIS PAPER WRITTEN


Order a unique copy of this paper
(550 words)

Approximate price: $22

Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
The price is based on these factors:
Academic level
Number of pages

Order your paper today and save 10% with the discount code HDCOVID10