Question: Based on this financial data, calculate the debt ratio. Liabilities $ 8870 Net Worth $ 61700 Liquid Assets $ 5410 Current Liabilities $ 1660 Monthly

Based on this financial data, calculate the debt ratio.

Liabilities $ 8870 Net Worth $ 61700
Liquid Assets $ 5410 Current Liabilities $ 1660
Monthly Credit Payments $ 2740 Take-home Pay $ 3090
Monthly Savings $ 640 Gross Income $ 3290

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