Question: Based on this financial data, calculate the Current Ratio. Liabilities $ 9030 Net Worth $ 72000 Liquid Assets $ 4530 Current Liabilities $ 1480 Monthly
Based on this financial data, calculate the Current Ratio.
| Liabilities | $ 9030 | Net Worth | $ 72000 |
| Liquid Assets | $ 4530 | Current Liabilities | $ 1480 |
| Monthly Credit Payments | $ 3080 | Take-home Pay | $ 3090 |
| Monthly Savings | $ 160 | Gross Income | $ 3330 |
Based on this financial data, calculate the Debt-Payments Ratio.
| Liabilities | $ 7950 | Net Worth | $ 78000 |
| Liquid Assets | $ 4330 | Current Liabilities | $ 1380 |
| Monthly Credit Payments | $ 640 | Take-home Pay | $ 3110 |
| Monthly Savings | $ 380 | Gross Income | $ 3330 |
Based on this financial data, calculate the Savings Ratio.
| Liabilities | $ 8670 | Net Worth | $ 78200 |
| Liquid Assets | $ 4430 | Current Liabilities | $ 1800 |
| Monthly Credit Payments | $ 540 | Take-home Pay | $ 3030 |
| Monthly Savings | $ 320 | Gross Income | $ 3610 |
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
