Question: Based on the following data, calculate the ratios requested: Long-term liabilities $854,321 ,Net worth $1,448,000 Liquid assets $55,200 ,Current liabilities $45,650 Credit card repayments $5,540,

Based on the following data, calculate the ratios requested: Long-term liabilities $854,321 ,Net worth $1,448,000 Liquid assets $55,200 ,Current liabilities $45,650 Credit card repayments $5,540, MPF $12,000 Interest earned on savings $150 Gross income $281,850 Car loan repayment $38,087 ,Property market value $685,483 a. find Debt ratio b. find Debit-payment ratio

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