1.)based on the financial data calculate the current ratio liabilities 8490 net worth 77300 liquid assets $4,690 current liabilities $1,600 monthly credit cards $2,440 take home pay $3,090 monthly savings $160 gross income $3,310 2.) based on the financial data calculate the debt payment ratio liability 7470 net worth 65700 liquid assets 4250 current liabilities 1920 monthly credit card payments 580 take home pay 3150 monthly savings $540 gross income 3290

3.) based on the financial data calculate the savings ratio liabilities $7,630 net worth 71300 liquid assets $5,110 current liabilities $2,200 monthly credit card payments 440 take-home pay to 2890 monthly savings 240 gross income 4170

4.) based on the following data would someone receive a tax refund or owe additional taxes and how much adjusted gross income $43,550 itemized deductions $13,620 child care tax credit on a $40 federal income tax withheld $2,800 amount of personal exemptions $9,400 average tax rate of 15%

5.) if someone prepares their own income tax return each year tax preparer would charge $220 for the service over a period of 10 years how much does the the person gain from preparing their own tax return as soon as she can earn 7% on her savings

6.) and December you decide to make a $4,220 charitable donation if you are the in the 10% tax bracket how much will you save in taxes for the current year

7.) in December each year you are planning to make a charitable donation of $4,160 and are in the 10% tax bracket you're planning to deposit the tax savings in your account savings account for the next 10 years at 7% what will be the future value of the savings account