Question: Based on this financial data, calculate the Current Ratio. Liabilities $ 9 0 5 0 Net Worth $ 6 3 3 0 0 Liquid Assets

Based on this financial data, calculate the Current Ratio.
Liabilities $ 9050Net Worth $ 63300 Liquid Assets $ 5350Current Liabilities $ 2060 Monthly Credit Payments $ 2960Take-home Pay $ 3050 Monthly Savings $ 620Gross Income $ 3370
Make sure to include zeros and round your answer to 2 decimal places. i.e.3.55,1.89,0.25,0.09, etc.
Do not include a comma or"$" sign in your response.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!