Fantasy football blows ass.
Marvin Harrison of the Colts hasn't done anything for me all year and is facing a pretty good Ravens defense, so I bench him. He decides to earn 21.8 points...none of which count, because he's on my bench.
Assholes.
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1. | What is your occupation right now? | The official term is Transaction Coordinator. Fancy for "I sit at a desk and deal with idiots all day". |
2. | What color are your socks right now? | n/a |
3. | What are you listening to right now? | Sunday Night Football Pregame Show |
4. | What was the last thing that you ate? | chicken, mashed potatoes & corn |
5. | Can you drive a stick shift? | I've tried and failed many times |
6. | Last person you spoke to on the phone? | my mom |
7. | Do you like the person who sent this to you? | Yes! :) |
8. | How old are you today? | 28 |
9. | What is your favorite sport to watch on TV? | baseball |
10. | What is your favorite drink? | Bailey's |
11. | Have you ever dyed your hair? | yes |
12. | Favorite food? | chocolate anything |
13. | What is the last movie you watched? | some crappy movie they showed on the plane |
14. | Favorite day of the year? | Christmas |
15. | How do you vent anger? | many, many expletives |
16. | What was your favorite toy as a child? | ball & glove |
17. | What is your favorite season? | summer |
18. | Cherries or Blueberries? | neither |
19. | Do you want your friends to e-mail you back? | why not? |
20. | Who is the most likely to respond? | don't know |
21. | Who is least likely to respond? | I would say Ryan, but then he'll read this and respond just to prove me wrong |
22. | Living arrangements? | me & the hubby |
23. | When was the last time you cried? | don't know...maybe 3 weeks ago? |
24. | What is on the floor of your closet? | several pairs of shoes |
25. | Who is the friend you have had the longest that you are sending to? | I'm not really sending it, per se, but I've known Sandy the longest, so if she reads it, probably her. |
26. | What did you do last night | came home from Maui :( |
27. | What are you most afraid of | losing it...losing everything... |
28. | Plain, cheese, or spicy hamburgers | cheese |
29. | Favorite dog breed? | NONE |
30. | Favorite day of the week? | Saturday |
31 | How many states have you lived in? | 2 |
32. | Diamonds or pearls? | Diamonds |
33. | What is your favorite flower? | roses |
Hi Angela,
Whatever answer you calculate for the liquidity ratio equals the # of months in which living expenses can be paid if an emergency occured. The higher the better. So the liquidity ratio is the "emergency fund" in the sense that how many months could the Carter family pay off their expenses if there was an emergency.
Nowhere in my original post did I ask what a liquidity ratio means, or how to calculate it.
Anglea,
1. Ask yourself if you would consider the $6,000 in a savings & checking amount to be an emergency fund.
I have a savings & checking account that is for the purpose of paying my living expenses, debts, home improvements, and other stuff. But my mutual fund money market account is my designated emergency fund.
2. I used the summary on page one to calculate for tuitions.
3. Remember pages 10-12 of Chapter 1? Assume a rate of return and use the FV Tables in Appendix A of our class text.
The assignment didn't ask whether we considered the checking/savings balance to be an emergency fund, it asked if we thought the family had enough saved in one, and the checking/savings was not explicitly designated as their emergency fund.
I don't care what your personal designated emergency fund is.
I realize I need to use Appendix A to calculate future values, but this calculation cannot be done without a specified rate of return. THAT was my issue.
If people weren't so busy trying to play professor, they would have read and interpreted my questions correctly, instead of just blabbing some stupid-ass answer to something I didn't ask.
By the way, the actual professor's response was:
These are good questions...On the Emergency fund question, use the Checking and savings account balances as being available in an emergency. The brokerage account and finally the 401k may be tapped, but these should not be considered as part of the emergency fund
Please use ages 9 and 11 for the children, to calculate tuition
Use 7% as the rate of return for questions 4b and 4c
A corrected assignment has been posted. If you have turned in your assignment already, this is fine. Otherwise, please download and use the corrected assignment. If you already posted the assignment and would like to resubmit, let me know. I can clear your earlier submission.
Like I said, the actual professor knew how to read and interpret my questions correctly, and took appropriate action.
Damn know-it-alls...