Question: 14. PLEASE SHOW EXCEL WORK THANKS! Based on the following financial data, calculate the ratios requested. (Round your answers to 4 decimal places.) Liabilities $
14. PLEASE SHOW EXCEL WORK THANKS!
| Based on the following financial data, calculate the ratios requested. (Round your answers to 4 decimal places.) |
| Liabilities | $ | 7,800 | Net worth | $ | 58,000 |
| Liquid assets | $ | 4,600 | Current liabilities | $ | 1,300 |
| Monthly credit payments | $ | 640 | Take-home pay | $ | 2,575 |
| Monthly savings | $ | 130 | Gross income | $ | 2,850 |
| a. | Debt ratio | |
| b. | Current ratio | |
| c. | Debt-payments ratio | |
| d. | Savings ratio | |
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