Hector's month's living expenses covered ratio is currently 0.25 months. He just broke his leg and will not be able to work for 6 weeks. What most likely will Hector experience without a paycheck for 6 weeks?

Question

Quizplus · Accepted Answer

With a living expenses covered ratio of only 0.25 months, Hector likely does not have enough savings to cover his expenses for 6 weeks without a paycheck. As a result, he may need to either liquidate some assets or borrow money to keep current on his bills. Both options are realistic possibilities given the limited information provided.

Hector's Month's Living Expenses Covered Ratio Is Currently 0