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Question 5 15 pts Leonie (female, 37, no children) has come to you seeking financial advice

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Question 5 15 pts Leonie (female, 37, no children) has come to you seeking financial advice. She has been working as a casual teacher for the last five years and has been just able to cover her mortgage payments but has incurred a very sizeable credit card debt. She has recently landed a new role as a teacher in a local school and has an after-tax salary of $85000. She is still on probation and won't be formally appointed to the full time role for 6 months. Leonie has provided the following financial information Assets Bank Account 6,000.00 Car $ 17,000.00 Primary residence (home) 580,000.00 Superannuation 26.600.00 $ $ $ Liabilities Credit cards (to be paid off in one year) Car loans (to be paid off in one year) Mortgage lover 25 years) $ $ 17.000.00 23,000.00 410.000.00 Monthly commitments: Mortgage $ Car Loans $ 3,000.00 900.00 3,400.00 2,450.00 $ Basic needs Entertainment and travel Calculate and interpret Leonie's net worth, liquidity, savings and debt service ratio Your answer should include an explanation of all workings and provide an interpretation for each ratio