Question: Based on the following financial data, calculate the ratios requested. (Round your answers to 4 decimal places.) Liabilities $ 8,400 Net worth $ 61,000 Liquid

Based on the following financial data, calculate the ratios requested. (Round your answers to 4 decimal places.)

Liabilities $ 8,400 Net worth $ 61,000
Liquid assets $ 5,800 Current liabilities $ 1,450
Monthly credit payments $

700

 Take-home pay $ 2,650
Monthly savings $ 190 Gross income $ 3,000
a. Debt ratio
b. Current ratio
c. Debt-payments ratio
d. Savings ratio

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